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$1,049,000

FOR SALE
Active

2427 Houston

Los Angeles, CA

MLS# DW26169332

Mixed Use
94 days on marketNalren refreshed

Listing Agent

Chris Limon

Listing Agent

Century 21 A Better Service

DRE #: 01182471

(562) 244-8211

Brokerage: Century 21 A Better Service

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1905

Year Built

7,003 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Mixed Use

Property Type

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

Facts & Features

Interior

Fireplace
No
Laundry Features
Community Laundry, Electric Dryer Hookup, Gas Dryer Hookup
Flooring
Laminate, Tile
Interior Features
Multiple Staircases, Open Floorplan, Quartz Counters

Exterior

Private Pool
No
Roof
Composition, Shingle
Exterior Features
Rain Gutters
Lot Features
0–1 Acre Lot

Building

Year Built
1905
Architectural Style
Contemporary
Building Area Total
11,934
Levels
Three Or More
Stories Total
3

Utilities

Heating
Central
Cooling
Central Air
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Sewer
Public Sewer, Sewer Tap Paid
Water Source
See Remarks

Parking

Garage Spaces
0
Parking Features
None
Parking Total
0

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