CnC Realty

$1,049,000

2427 Houston

Los Angeles, CA 90033

Active

1905

Year Built

Los Angeles

County

MixedUse

Property Type

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

Listed by Chris Limon · DRE #01182471 · Century 21 A Better Service
MLS #1179079328
ListedAug 3, 2026

Property Details

Architecture

Stories3
StyleContemporary
Total Units17
RoofComposition, Shingle
Garage Spaces0
PoolN/A
SpaNone

Features & Amenities

Interior FeaturesMultiple Staircases, Open Floorplan, Quartz Counters
Exterior FeaturesRain Gutters
FlooringLaminate, Tile
CoolingCentral Air
HeatingCentral
FireplaceNone
LaundryCommon Area, Electric Dryer Hookup, Gas Dryer Hookup
Parking FeaturesNone
Parking Total0
Patio & PorchN/A
Entry Level1
Entry Locationfront
Common WallsOne Common Wall

Property Features

Lot Size0.16 ac
Lot FeaturesZero To One Unit Acre
ViewCity Lights, Panoramic
DirectionsBetween N. Soro & N. Fickett St.

Community

AreaBOYH - Boyle Heights
School DistrictN/A

Tax & Financial

TermsCash, Conventional, Exchange1031
Land LeaseNo
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$5,583/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 6:30 PM

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