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17-Unit RTI Apartment Building
New
For Sale
$1,049,000

2427 Houston, Los Angeles, CA 90033

Approved plans support a multifamily redevelopment with one-bedroom, one-bath residences in Los Angeles.

Property Size11,934 SF
Days on Market7

Property Features for 2427 Houston

General Information

Standard status Active
Size 11,934 SF
Property subtype Mixed Use

Units

Unit Mix 17 x 1BR/1BA
Multifamily Units 17

Building Details

Building Size 11,934 SF
Year Built 1905
Listing Agency: Century 21 A Better Service
Listed By: Chris Limon · License #01182471
Source: Archetyperealty
Added: Aug 4 Changed: Aug 9 Last Checked: Aug 9 at 11:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 A Better Service

Investment Insights

Based on property information with market context.

This apartment-building opportunity includes 17 one-bedroom, one-bath units and carries Ready-to-Issue approvals. The property was built in 1905 and is positioned for multifamily redevelopment under the approved plans.

Located at 2427 E. Houston Ave. in Los Angeles, the property is near major freeways, employment centers, shopping, and public transportation. Its approved unit configuration provides a defined framework for advancing the proposed apartment project.

Key Highlights

  • 17‑unit apartment building with Ready‑to‑Issue approvals
  • 17 one‑bedroom, one‑bath units
  • Built in 1905

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Acupuncture Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17
Residential units

Location Intelligence

Trade Area within ½ mile

170
Businesses Nearby

Demographics for 90033, CA

46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Approved plans support a multifamily redevelopment with one-bedroom, one-bath residences in Los Angeles.
Where is this apartment building located?
The property is located at 2427 Houston Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: 17‑unit apartment building with Ready‑to‑Issue approvals; 17 one‑bedroom, one‑bath units; Built in 1905
More about this property
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