$1,049,000
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 with Century 21 A Better Service (562) 806-1000
Property Type
Mixed Use
Status
Active
MLS Number
DW26169332
Year Built
1905
Lot Size
7,004 sq ft
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