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
Price:
$2,899,999
MLS #:
25485719
Status:
Active
Baths:
0
Address:
2515 Houston Street 5177017023
Type:
Land
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Jan 18, 2025
State:
CA
ZIP:
90033
Lot Size:
7,002 sqft / 0.16 acres (approx)
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- Address2515 Houston Street 5177017023 Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90033
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2515 Houston Street 5177017023
Los Angeles, CA
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