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For Sale

$1,049,000

7,004 sqft$150/sqft95 days on market

2427 Houston St

Los Angeles, CA 90033

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

7,004

Square feet

1905

Built

Listing narrative

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

Listing agent (MLS): Chris Limon · Listing brokerage (MLS): Century 21 A Better Service

Property Details

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Price

$1,049,000

Beds

Beds n/a

Type

House

Home Size

7,004 sqft

Baths

Baths n/a

Lot Size

0.16 acres

Year

1905

Status

For Sale

Days on Market

95

$ / Sqft

$150

· 8% down, 7% APR, 30yr fixed
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Courtesy of Century 21 A Better Service