Los Angeles homes
For sale89 days on market
$1,049,000

2427 Houston, Los Angeles, CA 90033

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Beds
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Baths
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Sq ft

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

Type
Commercial/Residential
Year built
1905
Lot
7,003 sq ft
Garage
—
HOA
None
Pool
No
View
City Lights
Solar
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Estimated payment
$6,616/mo
  • Principal & interest$5,304
  • Property tax (est.)$1,005
  • Home insurance (est.)$306

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Chris Limon, Century 21 A Better Service, 562-244-8211. MLS# DW26169332. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 10:09 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

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