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Lot/land
  • Listing Provided by: 

    Rana Khanjani DRE #02021891 818-723-9071,

    Sync Brokerage

    Price cut: $140K (7/30)
    $2,200,000

    907 W 17th St LOT 5, Los Angeles, CA 90015

    --beds
    --baths
    6,258Square Feet
    Unimproved Land
    Built in ----
    6,258 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Incredible opportunity to build a fully RTI-approved 39-unit affordable housing project in the heart of Pico-Union. Located on a 7,406 SF R3-zoned lot with Tier 8 TOC designation—offering the HIGHEST LEVEL of CITY INCENTIVES. Approved plans include 30 one-bedroom units and 9 studios, totaling approx. 16,157 SF of rentable space and 19,008 SF total building area. Projected monthly income is approx. $104,832 based on updated HACLA payment standards: $3,108 for studios and $3,480 for 1-bedrooms (ZIP code-specific Section 8). This is a rare, shovel-ready opportunity for investors seeking strong returns, premium incentives, and long-term stability in one of LA’s most transit-connected and high-demand rental submarkets. Close to DTLA, USC, Koreatown, public transportation, and major freeway
    96 days
    on Zillow
    |
    28
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 30, 2025 at 12:06pm

    Listing Provided by:

    Rana Khanjani DRE #02021891 818-723-9071,

    Sync Brokerage

    Source: CRMLS,MLS#: SR25094654MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,258 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 5135028007
    • Zoning: LAR3
    • Special conditions: Standard

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Los Angeles

    Financial & listing details

    • Date on market: 4/29/2025
    • Listing terms: Cash,Cash to New Loan
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