2427 Houston, Los Angeles, CA 90033
- $1,049,000
- List Price
- $1,049,000
- Status
- ACTIVE
- MLS#
- DW26169332
- Year Built
- 1905
- Lot Size
- 7,003
- Acres
- 0.16
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 2
- 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
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
- Interior Features
- Multiple Staircases, Open Floorplan, Quartz Counters
- Attached Structure
- Attached
- Number Of Units Total
- 17
Listing courtesy of Listing Agent: Chris Limon (chris.limon@me.com) from Listing Office: Century 21 A Better Service.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.