907 W 17th Street, Los Angeles, CA 90015
Local realty services provided by:CENTURY 21 Sierra Properties
907 W 17th Street,Los Angeles, CA 90015
$1,990,000
- 0.16 Acres
- Lots / Land
- Active
Listed by: rana khanjani
Office: sync brokerage
MLS#:CRSR25094654
Source:CA_BRIDGEMLS
Price summary
- Price:$1,990,000
About this home
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 area's 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 creat
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Home facts
- Listing ID #:CRSR25094654
- Added:227 day(s) ago
- Updated:December 13, 2025 at 03:43 PM
Structure and exterior
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,990,000
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