About This Home

This 1-bedroom, 1-bathroom commercial at 2427 Houston in Los Angeles, CA is listed for $1,049,000. Built in 1905, on a 0.16 acres lot.

Key Features

  • Built in 1905
  • 0.16 acre lot
  • 3 stories

Property Details

3 stories
1 full
1905

Amenities

ViewA/C
Listing 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

Monthly Cost Estimate

$5,610/mo

20% down · 6.5% · 30 years

Principal$759
Interest$4,546
Insurance$306

Estimates only. Actual payments may vary.

Location

2427 Houston

Los Angeles, CA 90033

Features & Amenities

Interior Features

Quartz Counters2 StaircasesOpen Floorplan

Property Details

Flooring

TileLaminate

Views

City

Heating

Central

Cooling

Central Air

Questions & Answers

This 1-bedroom, 1-bathroom commercial at 2427 Houston is listed at $1,049,000. The estimated monthly payment is $5,610 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 0.16 acre lot, 3 stories. Interior Features: Quartz Counters, 2 Staircases, Open Floorplan.

This property is listed by Chris Limon.

CL

Chris Limon

License 01182471

Agent at Century 21 A Better Service Realty

Listed by Century 21 A Better Service Realty · Broker phone: (562) 806-1000 · Broker website

MLS# DW26169332· Source: California Regional Multiple Listing Service, Inc· 84 days on PropertySimple

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.

2427 Houston, Los Angeles, CA 90033

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