907 W 17th, Los Angeles, CA 90015

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Glen Henderson

[email protected] +1(619) 889-7646

$1,990,000

Est. payment - /mo

6,931 Sqft Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25094654

Lot Size 6,931 Sqft

Property Sub-Type Lots/Land

Type of Financing Cash

Property Type Lots/Land

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 areas 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 citys most resilient and in-demand submarkets.

Location

State CA

County Los Angeles

Direction N of 10 Freeway - W of 101 Freeway

Interior

Fireplace No

Exterior

View Y/N No

Others

Tax ID 5135028007

Acceptable Financing Cash

Listing Terms Cash

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Listed by Rana Khanjani Sync Brokerage

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

907 W 17th Los Angeles, CA 90015

Glen Henderson

Key Details

Location

Interior

Exterior

Others

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