2427 Houston,Los Angeles, CA 90033
Los Angeles, CA 90033
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
Details
| MLS # | DW26169332 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1905 |
| Days On Site | 22 |
| Listing Provided By | Century 21 A Better Service | Chris Limon |
Features
| SQ Feet | 11,934 |
|---|---|
| Story(s) | 3 |
| Units | 17 |
| Building(s) | 1 |
| Zoning | 000 |
| Acreage | 0.16 |
| Property View | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Multiple Staircases, Open Floorplan, Quartz Counters |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Composition, Shingle |
| Security Features | Carbon Monoxide Detectors, Fire Detection System, Smoke Detectors |
| Lot Features | Zero To One Unit Acre |
Parking
| Parking Features | None |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer, Sewer Tap Paid |
Location
| Community Features | Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90033 |
| Area | BOYH Boyle Heights |
| Listing VS Median (in 90033) | |
Price: $1,049,000 low | high Med: $1,100,000 sqft: 11,934 low | high Med: 2,903 $ / sqft: $88 low | high Med: $419 On site: 22 low | high Med: 26.5 | |
Market Activity 90033
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90033 |
| Area | BOYH Boyle Heights |
| Listing VS Median (in 90033) | |
Price: $1,049,000 low | high Med: $1,100,000 sqft: 11,934 low | high Med: 2,903 $ / sqft: $88 low | high Med: $419 On site: 22 low | high Med: 26.5 | |
 | $2,200,000608 N SotoLos Angeles, CA 90033 |