2427 Houston, Los Angeles, CA 90033
Local realty services provided by:ERA Excel Realty
2427 Houston,Los Angeles, CA 90033
$1,049,000
- - Beds
- - Baths
- 11,934 sq. ft.
- Multi-family
- Active
Listed by: chris limon
Office: century 21 a better service562-806-1000
MLS#:DW26169332
Source:CRMLS
Price summary
- Price:$1,049,000
- Price per sq. ft.:$87.9
About this home
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...
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Home facts
- Year built:1905
- Listing ID #:DW26169332
- Added:99 day(s) ago
- Updated:November 12, 2026 at 01:08 PM
Rooms and interior
- Flooring:Laminate, Tile
- Living area:11,934 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition, Shingle
- Year built:1905
- Building area:11,934 sq. ft.
- Lot area:0.16 Acres
- Architectural Style:Contemporary
- Exterior Features:RainGutters
Utilities
- Water:Water Available
- Sewer:Public Sewer, Sewer Available, Sewer Tap Paid
Finances and disclosures
- Price:$1,049,000
- Price per sq. ft.:$87.9
Features and amenities
- Amenities:Carbon Monoxide (CO2) Detector, Multiple Staircases, Open Floor Plan, Quartz Counters, Rain Gutters
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