10
See all 10 photos
$2,899,999
Est. payment /mo
7,002 Sqft Lot
Active
2515 Houston St Los Angeles, CA 90033
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25-485719
Lot Size 7,002 Sqft
Acres 0.1607
Property 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.
Location
State CA
County Los Angeles
Area Boyle Heights
Zoning LARD1.5
Exterior
Waterfront Description None
View Y/N Yes
View City
Building
Lot Description Tear Down On Lot
Others
Special Listing Condition Standard
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Listed by Equity Smart Real Estate Services