2427 Houston, Los Angeles, California 90033

  • $1,049,000
2427 Houston, Los Angeles, CA 90033
Active
2427 Houston, Los Angeles, California 90033
2427 Houston, Los Angeles, CA 90033
  • $1,049,000

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

  • Address 2427 Houston
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90033
  • Country US

Details

Updated on August 5, 2026 at 1:04 am
  • Property ID: DW26169332
  • Price: $1,049,000
  • Property Size: 11934 Sqft
  • Land Area: 0.1608 Acres
  • Year Built: 1905
  • Property Type: Mixed Use, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Conventional, 1031 Exchange
  • Roof: Composition, Shingle
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Sewer: Public Sewer, Sewer Tap Paid
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Laminate, Tile
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: None
  • Community Features: Urban
  • Architectural Style: Contemporary

Contact Information

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