REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,200,000
Est. payment /mo
Active
907 W 17th ST Los Angeles, CA 90015
6,930 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25094654
HOA Y/N No
Lot Size 6,930 Sqft
Property Description
Rana Khanjani with Sync Brokerage is proud to present 907 W. 17th Street, a fully RTI-approved 39-unit ED1 (100% affordable) development in the heart of Los Angeles' Pico-Union neighborhood. Situated on a 6,930 square foot R3-zoned lot with TOC Tier 8 incentives, the project is designed with approximately 16,157 rentable square feet and 19,008 gross square feet of living space. The approved plans include 30 one-bedroom apartments, 5 studios, and 4 accessory dwelling units, offering a well-balanced mix that meets the area's strong demand for affordable housing. This investment opportunity is projected to generate $121,341 in monthly income based on current HACLA Section 8 rents, delivering both stability and long-term growth for developers and investors. With RTI permits secured, ED1 advantages, and premium TOC density, the project is shovel-ready and eliminates entitlement risk. Pico-Union is one of Los Angeles' most historic and rapidly evolving neighborhoods, marked by ongoing investment activity, cultural vibrancy, and infrastructure improvements. Its central location provides easy access to major freeways, Metro rail, and multiple bus lines, ensuring connectivity to Downtown Los Angeles, USC, and surrounding job centers. This development represents a rare opportunity to create much-needed affordable housing while capitalizing on one of the city's most resilient and in-demand submarkets.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR3
Interior
Fireplace No
Exterior
Community Features Curbs
View Y/N No
View None
Building
Lot Description Corner Lot
Water Public
New Construction No
Others
Senior Community No
Tax ID 5135028007
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Rana Khanjani Sync Brokerage 818-723-9071
GET MORE INFORMATION
Quick Search
- Homes for Sale in Bonita, CA
- Homes for Sale in East Chula Vista
- Homes for Sale in West Chula Vista
- Homes for Sale in Downtown, San Diego, CA
- Homes for Sale in Otay Ranch
- Homes for Sale in South Bay
- Homes for Sale in San Diego Metro Areas
- Homes for Sale in La Mesa, CA
- Homes for Sale in East County, San Diego, CA