CA > Los Angeles
Los Angeles, CA 90015,907 W 17th
Los Angeles, CA 90015,907 W 17th
Los Angeles, CA 90015,907 W 17th
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$2,340,000
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6,258 Sqft Lot
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907 W 17th Los Angeles, CA 90015

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Richard Combs

Richard Combs

+1(619) 838-9307

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25094654

HOA Y/N No

Lot Size 6,258 Sqft

Acres 0.1437

Property Sub-Type Lots/Land

Property Description

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.
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.

Location

State CA

County Los Angeles

Area Los Angeles (90015)

Building

Lot Description Corner Lot, Curbs

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $119

Acceptable Financing Cash

Listing Terms Cash

San Diego Regional MLS (SDMLS)
Listed by Rana Khanjani • Sync Brokerage

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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907 W 17th

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