2625 W 17th, Los Angeles, California 90019, Los Angeles, 90019 - 0 bed, 0 bath
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Los Angeles, California 90019
This Development Asset is a High-Potential Investment Opportunity with a List Price of $1,599,000. While the existing structure reflects a $1,039,624 Fair Market Value, the premium is driven by fully approved, shovel-ready RTI Plans for two modern duplexes. This project maximizes the 6,749 sq. ft. lot in a high-demand area near Queen Anne Place Elementary and John Burroughs Middle, bypassing the lengthy Los Angeles entitlement process. With a Condition Rating of 6 indicating the site is ready for redevelopment, this project is positioned for maximum ROI. It is perfectly suited for Developers or Buy-and-Hold Investors.
Property is land value only, full reconstruction required.
The property is marketed exclusively as an RTI (Ready to Issue) development opportunity, with the value residing in the land and approved plans for two new duplexes. The existing structure was built in 1923, and the lack of current interior photos combined with the 'shovel-ready' description indicates the current improvements are intended for demolition.
The property includes fully approved and paid-for Ready-to-Issue (RTI) plans, allowing an investor to bypass the lengthy and unpredictable Los Angeles entitlement process and begin construction immediately.
The approved plans for two modern three-story duplexes maximize the 6,749 sq. ft. lot, significantly increasing the unit count and density to drive superior rental income and long-term appreciation.
Located in the high-demand 90019 zip code, this project is positioned in a central Los Angeles neighborhood where new construction consistently outperforms the market in both occupancy and lease rates.
The majority of the assigned public schools, including the local high school and several elementary options, carry low ratings (2-4), which may limit the appeal for long-term family tenants.
Beyond the $1.599M acquisition cost, the project requires significant additional capital for the ground-up construction of two multi-story duplexes, posing a higher financial barrier to entry.
RTI DEVELOPMENT DEAL – HIGH UPSIDE IN PRIME LOS ANGELES LOCATION Attention investors and developers—this is the opportunity you’ve been waiting for. Located at 2625 W. 17th St, Los Angeles, this property is currently a triplex and comes with RTI plans fully approved and paid for, allowing you to break ground immediately—no delays, no uncertainty. The approved plans include: Front Duplex: Approximately 1,950 sq. ft. Rear Duplex: Approximately 1,718 sq. ft. Designed as two modern three-story duplexes, this project maximizes the full potential of the lot and positions you for strong rental income, increased density, and long-term appreciation. This is a true shovel-ready, high-yield development opportunity in a high-demand Los Angeles rental market where new construction continues to outperform. Skip the entitlement process and move straight into execution. Serious upside, minimal friction—opportunities like this don’t sit. Act fast.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,893 | 2,878.5 | 55% |
| Lot Size | 6,749 | 6,098.5 | 70% |
| Price | $1.60M | $1.11M | 75% |
| Price per sq ft | $553 | $469 | 80% |
| Built year | 1923 | 1926 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 228 | 5% |
Mar 20, 2026
$1,599,000
Initial Listing
Feb 3, 2023
$1,550,000
Public Record
Mar 7, 2022
$1,042,000
Public Record
Mar 1, 2019
$780,000
Public Record