907 W 17th, Property Listing: MLS® #SR25094654

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-Unionone of LAs 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 LAs most underbuilt and transit-rich communities.

907 W 17th, Property Listing: MLS® #SR25094654 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: SR25094654
  • 907 W 17th
  • , CA 90015
  • $2,340,000
  • 6258 SqFt, 0.14 Acres
  • Office: Sync Brokerage

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-Unionone of LAs 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 LAs most underbuilt and transit-rich communities.

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Essential Information

  • MLS® #SR25094654
  • Listing Price$2,340,000
  • Original Listing Price$2,340,000
  • List Price per Square Foot$373.92
  • Date ListedApril 29th, 2025
  • Days on Market1
  • Square Footage6,258
  • Acres0.14
  • Lot Sq.Ft.6,258
  • TypeLot / Land
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Mello Roos Dues$1,434
  • Total Monthly Dues$119

Community Information

  • Address907 W 17th
  • AreaLOS ANGELES (90015)
  • CountyLos Angeles
  • StateCA
  • Zip Code90015

Exterior

  • Lot DescriptionCorner Lot, Curbs
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Listing information last updated on May 7th, 2025 at 12:40am PDT.