UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 11,934 sqft
Price per Sqft $87
MLS Listing ID DW-26169332
Style Contemporary
Year Built 1905
Lot Size 7,003 Sqft
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Interior Features 2 Staircases, Open Floorplan
Heating Central
Flooring Laminate, Tile
Fireplaces Type None
Laundry Common Area, Gas & Electric Dryer Hookup
Exterior
Exterior Feature Rain Gutters
Parking Features None
Pool None
Community Features Urban
Utilities Available Sewer Available, Water Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available
View Y/N Yes
View Panoramic, City Lights
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer, Sewer Paid
Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900