2515 Houston Street
Los Angeles, CA 90033
0.16 acres | #25485719
Description
37-Unit Multi-family building opportunity! This prime real estate opportunity will be delivered with RTI 37 proposed units comprised of 80% (28) low-income units and 20% (8) moderate-income units and 1 managers unit. This offering consists of 7,001.5 square feet of land, zoned RD1.5-1-CUGU. Units will generate approximately $70,000-$80,000 in monthly income 10% ROI. Will be delivered with fully stamped and approved plans, ready to issue building permits, allowing the buyer to immediately commence construction. Conveniently located at 2515 and 2515 1/2 E. Houston St. By all major freeways, hospitals, arts district, DTLA, Cal State LA, East LA community college, and Dodger Stadium.
Property Details
- CountyLos Angeles
- ViewCityLights
- Original List Price$2,999,999
- Property TypePurchase
- MLS #25485719
- MLS #25485719
- Cost2899999
- Acres0.1607
- Property SubtypeLand
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Rosie Mazariegos (#CLW-C128313)
Listing Office: Equity Smart Real Estate Services (#CLW-X8032001)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
