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2427 Houston
Los Angeles CA 90033 US

$1,150,000

Active Listing ID DW26022494
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1 bed
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1.00 Bath (1 Full)
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Lot: 7,003.00 Square Feet
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Other

$1,150,000

Active Listing ID DW26022494
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2427 Houston 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.

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Property Features

  • Facts
  • Lot Size: 7,003.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 1
  • Exterior Finish: Community Features Included: Street Lights, 16-20 Units/Acre

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1150000
  • unparsedaddress: 2427 Houston
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90033
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.160766758494031
  • lotsizeunits: Square Feet
  • lotsizearea: 7003
  • livingarea: 11934
  • livingareaunits: Square Feet
  • listagentfullname: Chris Limon
  • listagentemail: chris.limon@me.com
  • listagentkey: 3yd-MRMLSCA-YLIMOCHR
  • listagentmlsid: YLIMOCHR
  • listagentpreferredphone: 5622448211
  • listagentofficephone: 5628061000
  • listofficekey: 3yd-MRMLSCA-YCAB
  • listagentstatelicense: 01182471
  • listofficemlsid: YCAB
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1905
  • listingcontractdate: 2026-01-30
  • listagenturl: http://www.c21abetterservice.com
  • countyorparish: Los Angeles
  • parcelnumber: 5177016018
  • numberofunitstotal: 17
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Century 21 Real Estate
  • exteriorfeatures: Community Features Included: Street Lights, 16-20 Units/Acre
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bedroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Century 21 A Better Service Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chris.limon@me.com", "ListBrokerageCity":"Downey", "ListBrokerageCountry":"US", "ListBrokerageEmail":"davidsarinana@c21abs.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Century 21 A Better Service Realty", "ListBrokeragePhone":"(562) 806-1000", "ListBrokeragePostalCode":"90240", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"8077 Florecen Ave. Ste. 204", "ListBrokerageWebsiteUrl":"http://www.c21abetterservice.com", "ListOfficeAddress1":"10839 La Reina Ave #100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"YSARIDAV", "ListOfficeCity":"Downey", "ListOfficeCountry":"US", "ListOfficeEmail":"davidsarinana@c21abs.com", "ListOfficePostalCode":"90241", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial/Residential - Los Angeles, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2427-Houston-St_Los-Angeles_CA_90033_M10903-08102?f=listhub&s=MRMLSCA&m=DW26022494&c=rexren", "MLSModificationTimestamp":"2026-01-30T16:33:41Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Commercial/Residential", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/31/2026 2:34:11 AM GMT
Source Updated Date: 2/4/2026 12:52:35 PM GMT

Courtesy of: Chris Limon, Century 21 A Better Service, chris.limon@me.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.