2427 Houston
Los Angeles, CA 90033
1
Bed
1
Bath
7,003Sqft(Lot)
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 accessibi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
MultipleStaircases, OpenFloorplan, QuartzCountersRoof: Composition, ShingleLaundry Features: CommonArea, ElectricDryerHookup, GasDryerHookup -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1905Building Area Total: 11934Pool Features: NonePrivate Pool: NoView: CityLights, Panoramic -
Exterior Features
Exterior Features: RainGutters
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Lot Information
Main Square Feet: 7003 Lot Size Acres: 0.1608 Lot Size Source: Assessor Lot Size Square Feet: 7,003 Lot Description: ZeroToOneUnitAcre
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Listing Price Information
Listing Price: $1049000Cash, Conventional, Exchange1031
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Tax Information
Parcel Number: 5177016018 Tax Lot: 18 Tax Block: 4
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Virtual Tour
Parking Information
None
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Utility Information
CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable -
Location Information
Direction: Between N. Soro & N. Fickett St. WaterSource: SeeRemarks Security Features: CarbonMonoxideDetectors,FireDetectionSystem,SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1440 Tremont, Los Angeles, CA, 90033 | $1,288,000 | -- | -- | 4,836 | 4,836 SqFt |
| 1517 Ricardo, Los Angeles, CA, 90033 | $975,000 | 2 | 1 | 794 | 794 SqFt |
| 1450 Ricardo #1450, Los Angeles, CA, 90033 | $449,000 | 2 | 1 | 800 | 800 SqFt |
| 2746 Wabash Avenue, Los Angeles, CA, 90033 | $790,000 | 5 | 4 | 2,249 | 2,249 SqFt |
| 2532 1/2 Ganahl Street, Los Angeles, CA, 90033 | $399,000 | 2 | 2 | 850 | 850 SqFt |
| 2530 Ganahl, Los Angeles, CA, 90033 | $1,549,000 | 8 | 8 | 3,360 | 3,360 SqFt |
| 2440 Wabash Avenue, Los Angeles, CA, 90033 | $745,000 | 5 | 5 | 2,756 | 2,756 SqFt |
| 2853 Cincinnati Street, Los Angeles, CA, 90033 | $2,292,000 | 18 | 15 | 7,168 | 7,168 SqFt |
| 1151 1153 Cornwell Street, Los Angeles, CA, 90033 | $1,170,000 | -- | -- | 3,682 | 3,682 SqFt |
| 701 N Fickett, Los Angeles, CA, 90033 | $1,250,000 | -- | -- | -- |
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ByOwner last updated this listing 08/12/2026 @ 10:40
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