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Listed by: Chris Limon (562) 644-9834 DRE #01182471 | Century 21 A Better Service (562) 806-1000
$1,049,000
Monthly Est:$5,221
1 Bed
1 Bath
11,934sqft
2427 Houston, Los Angeles, CA 90033
$1,049,000
$5,221/moEst:
Get Pre-Approved
Mixed Use
Built in 1905
$-- HOA
7,003 sqft lot
$88/sq.ft
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
- Houzeo last checked: 13 minutes ago
- Listing updated: August 5, 2026 at 1:04 am
- Source: California Regional MLS-CA | MLS#: DW26169332
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1905
HOA Fees
-
Finished Area
11,934 sqft
Lot Size
7,003 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
DW26169332
MLS Status
Active
Days on Market
90
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Interior
Heating
Central
Exterior Features
Rain Gutters
Cooling
Central Air
Interior Features
Multiple Staircases, Open Floorplan, Quartz Counters
Flooring
Laminate, Tile
Sewer
Public Sewer, Sewer Tap Paid
Construction
Year Built
Year Built: 1905
Home type
Mixed Use
Architectural Style
Contemporary
Roof
Composition, Shingle
Utilities & Energy
Parking Features
None
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Pool Features
None
Fireplace Features
None
Water Source
See Remarks
Laundry Features
Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Security Features
Carbon Monoxide Detectors, Fire Detection System, Smoke Detectors
Other Features
Tenant Pays
All Utilities
Community Features
Urban
Lot Features
Zero To One Unit Acre
Price History
| Date | Event | Price |
|---|---|---|
08/04/2026 Source: | Listed for Sale | $1,049,000 -8.78% $88/sqft |
01/30/2026 Source: | Off Market | $1,150,000 $96/sqft |
01/30/2026 Source: | Listed for Sale | $1,150,000 $96/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 12:15AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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