2427 Houston, Los Angeles, CA 90033
- $1,049,000
List Agent Chris Limon () 562-644-9834 Century 21 A Better Service; CoList ()
- List Price
- $1,049,000
- Status
- ACTIVE
- MLS#
- DW26169332
- Year Built
- 1905
- Lot Size
- 7,003
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 43
- Property Type
- Multifamily
- Style
- Contemporary
- Property Sub Type
- Mixed Use
- Stories
- Three Or More Levels
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
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Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- City Lights, Panoramic
- Roof
- Composition, Shingle
- Sewer
- Public Sewer, Sewer Tap Paid
- Water
- See Remarks
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.