Drew Fenton | Pacific Palisades Properties

907 W 17th Street | Drew Fenton

907 W 17th Street

Los Angeles, CA

$2,340,000

Property Type:
Lots and Land
View:
None
County:
Los Angeles
Community:
C42 - Downtown L.A.
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-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.

Listing provided courtesy of Rana Khanjani

Fore more information about this property, please contact :

Drew FEnton

office

310.858.5474

mobile

310.560.3777

| email

DREW

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office 310.858.5474 | mobile 310.560.3777 | email DREW