$1,049,000
2427 Houston St
Los Angeles, CA 90033
—
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
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
Courtesy of Century 21 A Better Service






