Properties

Los Angeles, CA 90033 2427 Houston

Presented By: Chris Limon with Century 21 A Better Service; 562-244-8211
  • MLS# DW26022494
  • 01/30/2026
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  • Baths • 1
  • SQFT • 11,934

Home Details

RTI Opportunity โ€“ 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.
Presented By: Chris Limon with Century 21 A Better Service; 562-244-8211

Interior Features for 2427 Houston

Other Interior Features

Common Walls1 Common Wall
Laundry FeaturesWasher Hookup, Gas Dryer Hookup
Total Stories3

Other Rooms

Entry Level1

General for 2427 Houston

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesStreet Lights
CountyLos Angeles
DirectionsBetween Wabash Ave. and N. Soto
Electric Expense
Entry Locationstreet
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income
Insurance Expense
Land Lease Y/NNo
LevelsThree Or More
Listing TermsCash, Conventional, 1031 Exchange, FHA
Lot Size Square Feet7003
Lot Size UnitsSquare Feet
MLS AreaBOYH - Boyle Heights
Net Operating Income
New ConstructionNo
Number Of Units Total17
Operating Expense0
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot18
Trash Expense0
Water Sewer Expense0
Year Built1905
Year Built SourceAppraiser

Exterior for 2427 Houston

Building Area Total11934
Lot Features16-20 Units/Acre
Lot Size Acres0.1608
Lot Size Area7003
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters17
Number of Separate Gas Meters17
Number of Separate Water Meters1
Private PoolNo
Total Parking0
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,150,000
MLS#DW26022494
List Date 01/30/2026
Property Type Multi-Family
Phone 888.795.6274
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