2630 W 17th Street, Los Angeles, California 90019, Los Angeles, 90019 - 2 bed, 1 bath
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2630 W 17th Street
Los Angeles, California 90019
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
1,326Sq Ft
6,877Lot Size
Property Price
LIST PRICE$839,000
EST. MARKET VALUE
$817,256
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $839,000—positioned above the $817,256 Fair Market Value. While the current structure has a Condition Rating of 6 with deferred maintenance, the RD1.5 Zoning on a 6,877 SF lot allows for the development of four homes by right. Delivered vacant and free of RSO constraints, this site is a prime Development Asset for Real Estate Developers or Buy-and-Hold Investors seeking to capitalize on high-density transit corridor demand.
Estimated Market Value
$817,256
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2630 W 17th Street Subject 2 bd · 1 ba · 1,326 sqft · $616 | $839,000* List Price | 2 | 1 | 1,326 | $616 | - |
A 1620 West Boulevard Sold 3 bd · 1 ba · 1,201 sqft · $604 · 1.0 mi | $725,000 | 3 | 1 | 1,201 | $604 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1909 (115+ years old) with explicitly stated deferred maintenance. The listing is marketed as a development opportunity for a four-home site under RD1.5 zoning, indicating the existing structure has reached the end of its economic life and the value lies in the land.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Development Potential
The RD1.5 zoning on a 6,877 SF lot allows for the construction of four homes by right, providing a lucrative opportunity for developers to build high-density townhomes in a popular submarket.
- Favorable Regulatory Status
Delivered vacant and exempt from the Rent Stabilization Ordinance (RSO) with no Ellis Act history, the property eliminates the costs and legal complexities associated with tenant relocation and rent control.
- Prime Central Location
Located in a high-quality transit corridor in Arlington Heights, the site offers excellent proximity to DTLA, Koreatown, and USC, and is free from restrictive historic preservation overlays (HPOZ).
CONSRISKS & DEFICIENCIES
- Poor Structural Condition
The existing 1909 residence has significant deferred maintenance, making it a likely teardown or requiring substantial capital investment to address aging systems and structural needs.
- Low-Rated Local Schools
The majority of the assigned public schools in the immediate area carry low performance ratings (ranging from 2 to 4), which may deter traditional family buyers looking for a primary residence.
About 2630 W 17th Street
This is a four-home site in central Los Angeles, delivered vacant and non-RSO. It consists of a 2 bed 1 bath single family residence of 1,326 SF built in 1909, with deferred maintenance, occupied by seller and delivered vacant at closing. Four homes allowed by right. RD1.5 zoning allows one home per 1,500 SF of lot. On 6,875 SF that is four homes, approved through a ministerial CPIO Administrative Clearance when the plans meet the overlay standards. Delivered vacant at close of escrow. The seller moves out before closing, so the buyer takes possession with nobody to relocate. No rent-control strings. The parcel is not subject to the Rent Stabilization Ordinance, with no Ellis Act history, and a vacant delivery means no tenant relocation payments and no Just Cause eviction rules (Buyer to verify). Central location. Arlington Heights sits in Central Los Angeles, about half a mile north of the I-10 freeway, with Downtown, Koreatown, USC and Mid-City within a few miles. Located within a high-quality transit corridor. No historic overlay. No historic preservation overlay zone, HistoricPlacesLA listing or Mills Act contract on the parcel. Similar new product nearby. Four-unit projects of three-story townhomes are the popular new product in the area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1909
- Lot Size
- 6,877 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Carson-Gore Academy Of Enviornmental Studies
Grades K-5 • 0.1 mi
6/10
Arlington Heights Elementary School
Grades K-5 • 0.3 mi
3/10
Twenty-Fourth Street Elementary School
Grades K-5 • 0.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,326 | 1,670.836 |
| Lot Size | 6,877 | 6,152.156 |
| Price | $839.0K | $1.34M |
| Price per sq ft | $633 | $807 |
| Built year | 1909 | 1941 |
| HOA | $0 | $238 |
| Days on market | 27 | 56 |
Pricing History
Listed for Sale
Oct 13, 2026
$839,000
Initial Listing