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Listed by Chris Limon, DRE #01182471 • Century 21 A Better Service
$ 1,049,000
Est. payment /mo
New
2427 Houston Los Angeles, CA 90033
7,003 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26169332
Style Contemporary
Year Built 1905
Lot Size 7,003 Sqft
Source California Regional MLS
Property Description
RTI Opportunity - 17-Unit Apartment Building in Los Angeles Rare RTI (Ready-To-Issue) 17-unit multifamily opportunity located at 2427 E. Houston Ave., Los Angeles, CA. This well-positioned investment property features 17 one-bedroom / one-bath units, offering a highly desirable and rentable unit mix ideal for long-term cash flow. With RTI approvals in place, this asset presents a streamlined path to development, allowing investors to move forward with confidence and minimize entitlement risk. One-bedroom units continue to show strong rental demand in the Los Angeles market, supporting stable occupancy and future rent growth. Centrally located near major freeways, employment hubs, shopping, and public transportation, the property benefits from excellent tenant appeal and accessibility. This is an ideal opportunity for investors seeking to add units, increase density, and maximize returns in a high-demand rental market. Perfect for developers or investors looking to capitalize on Los Angeles multifamily growth, value-add potential, and long-term appreciation
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Laminate
Laundry Laundry Area, 38
Exterior
Parking Features No Parking
Pool 31, None
View Panoramic, City Lights
Roof Type Shingle,Composition
Building
Story Three or More Stories
Sewer Sewer Available
Water Other
Architectural Style Contemporary
Others
Tax ID 5177016018
Special Listing Condition Not Applicable
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