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For sale
  • Listing Provided by: 

    Steven Gray DRE #02194905 888-652-1314,

    eXp Realty of Greater Los Angeles

    $1,960,000

    2437 Houston St, Los Angeles, CA 90033

    --beds
    --baths
    2,984sqft
    : 
    Quadruplex
    Built in 1913
    -- sqft lot
    $-- Zestimate®
    $657/sqft
    $-- HOA

    What's special

    Modern fixturesEnergy efficiencyMinimalist designSpacious front-facingElegant finishesPrivate entriesFull suite of appliances
    Unit Configuration & Flex Rental Options: The property includes two spacious front-facing 3-bedroom, 2-bathroom units—each fully permitted for legal division into two 1-bedroom, 1-bathroom units. This provides the investor with dual options: rent them as large family-style residences or convert to four 1-bedroom units for increased total rental income. At the rear of the property are two newly remodeled 1-bedroom, 1-bathroom units that are vertically stacked. These rear units are well-separated from the front structure and feature private entries, high ceilings, and contemporary interiors that match the main units in quality and finish. Property Summary: 2437 Houston Street, an exquisitely remodeled four-unit investment property located in the heart of Boyle Heights. This modernized bungalow-style compound offers both strong income potential and unbeatable flexibility, highlighted by its unique flex-unit configuration that allows the front building’s two 3-bedroom/2-bath units to legally convert into four fully functional 1-bedroom/1-bath units. Whether you’re seeking maximum cash flow or long-term equity growth, this rare setup caters to multiple strategies and tenant demographics. Exterior Aesthetic & Livability: the exterior courtyard is finished with custom modern pavers, gated privacy fencing, and mature landscaping. The clean white stucco, updated dual-pane windows, and minimalist design give the property a polished, modern appeal while preserving its architectural charm. Although no off-street parking is included, the ample street parking and central location more than compensate. Modern Interiors & Design: Each unit is beautifully renovated, blending crisp contemporary finishes with timeless warmth. Step inside to find dark hardwood flooring, tall 9-foot ceilings, and open-concept layouts that allow natural light to pour in. Kitchens are outfitted with marble countertops, modern fixtures, and a full suite of appliances, including in-unit washer/dryer, dishwasher, range/oven, and refrigerator. Bathrooms boast elegant finishes with rainfall shower heads, floating vanities, and custom tile work for a sleek, spa-like experience. Every room is equipped with individual minisplit AC and heater systems, offering optimal climate control and energy efficiency.
    77 days
    on Zillow
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    40
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: May 27, 2025 at 05:42am

    Listing Provided by:

    Steven Gray DRE #02194905 888-652-1314,

    eXp Realty of Greater Los Angeles

    Source: CRMLS,MLS#: PW25109397MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Interior

    Rooms
    • Room types: Bedroom
    Heating
    • Ductless
    Cooling
    • Ductless
    Appliances
    • Included: Electric Range, Disposal, Gas Range, Refrigerator
    • Laundry: Inside
    Features
    • All Bedrooms Down
    • Flooring: Tile, Vinyl, Wood
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,984
    • Total interior livable area: 2,984 sqft

    Property

    Parking
    • Parking features: Driveway
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,004 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5177016020
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Modern,Spanish
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Block
    • Foundation: Slab
    • Roof: See Remarks
    Condition
    • Updated/Remodeled,Turnkey,Under Construction
    • New construction: No
    • Year built: 1913

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, See Remarks, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Sidewalks, Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $657/sqft
    • Tax assessed value: $629,829
    • Annual tax amount: $8,029
    • Date on market: 5/16/2025
    • Listing terms: Cash,Conventional,1031 Exchange
    • Tenant pays: Electricity, Gas
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