- $2M Price
- .16 Acres
- 231 DOM
907 W 17th Street
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 create much-needed affordable housing while capitalizing on one of the city’s most resilient and in-demand submarkets.
Essential Information
- MLS® #SR25094654
- Price$1,990,000
- Bathrooms0.00
- Acres0.16
- TypeLand
- StatusActive
Community Information
- Address907 W 17th Street
- AreaC42 - Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90015
Amenities
- ViewNone
Exterior
- Lot DescriptionCorner Lot
Additional Information
- Date ListedApril 29th, 2025
- Days on Market231
- ZoningLAR3
Listing Details
- AgentRana Khanjani
- OfficeSync Brokerage
Price Change History for 907 W 17th Street, Los Angeles, (MLS® #SR25094654)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,200,000 to $1,990,000 | ||
| Price Reduced from $2,340,000 to $2,200,000 |
Rana Khanjani, Sync Brokerage.
Based on information from California Regional Multiple Listing Service, Inc. as of December 16th, 2025 at 3:35pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.