907 W 17th Street
Los Angeles, CA 90015
- – beds
- – baths
- 6,258 sqft
- 6,258 sqft lot
- $373 per sqft
- – on site
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.
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Last updated Apr 30, 2025
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MLS# CRSR25094654 —
This property is listed in more than one place. See it here.
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area:6258
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Living Area Units:Square Feet
Location
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Directions:N of 10 Freeway - W of 101 Free
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:5135028007
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Zoning:LAR3
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Lot Features:Corner Lot
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Lot Size Area:0.14
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Lot Size Acres:0.14
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Lot Size SqFt:6258
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:2242.00
The Listing
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Listing Terms:Cash
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/29/25
Apr 29, 2025
|
Listed / Active | BRIDGE | $2,340,000 |
