907 W 17th Street, Los Angeles, CA 90015 (MLS # SR25094654)

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PRICE $2,340,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE n/a
LOT SIZE 6,260 sqft
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ime Pico-Union RTI Development – 39 Units | 100% Affordable Housing | TOC Tier 8. Incredible opportunity to develop a fully RTI-approved 39-unit affordable housing project in the heart of Pico-Union—one of LA’s most vibrant, high-demand rental markets. This 7,406 SF R3-zoned lot has been upgraded to TOC Tier 8, maximizing entitlements and HACLA rents. Approved for 30 one-bedroom units and 9 studios, the project includes approx. 16,157 SF of rentable space and 19,008 SF of gross building area. Projected monthly income: $104,832 (based on HACLA Section 8 rents). Offered at $60,000 per unit – Asking Price: $2,340,000. Surrounded by major employment hubs (DTLA, USC, Koreatown), public transit, and freeway access. This Tier 8 RTI project is a golden opportunity for developers and impact-driven investors seeking immediate value, strong cash flow, and premium incentives in one of LA’s most underbuilt and transit-rich communities.

DAYS ON MARKET 68 LAST UPDATED 4/29/2025
COMMUNITY Downtown L.A. COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Lot/Land/Acreage


ADDITIONAL DETAILS
AREA Downtown L.A.
HOA DUES 0
LOT 6258 sq ft
LOT DESCRIPTION Corner Lot
VIEW DESCRIPTION None
WATER Public
ZONING LAR3
MORTGAGE CALCULATOR
   

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