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2427 Houston
MixedUse
$1,049,000

Units

17

Building Size

11,934 sf

Lot Size

7,003 sf

Status

Active

Los Angeles

2427 Houston

About This Property

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

Unit Mix

  • 1 unit · 1bd / 1ba

Neighborhood

This property is located in Los Angeles. Want to learn more about the area?

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Listing courtesy of Century 21 A Better Service

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$1,049,000

Est. Monthly Payment

$6,703/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Chris Limon

Century 21 A Better Service