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.
Lot/land
$2,899,999
2515 Houston St, Los Angeles, CA 90033
--beds
--baths
7,000.09Square Feet
Unimproved Land
Built in ----
7,000.09 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 194 days
- on Zillow |
- 42 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: January 25, 2025 at 04:01pm
Listed by:
Rosie Mazariegos DRE # 02048039 310-598-9759,
Equity Smart Real Estate Services 818-564-4252,
Trent Chavez DRE # 01876587 818-679-7941,
Equity Smart Real Estate Services
Source: CLAW,MLS#: 25-485719

Travel times
Facts & features
Property
Features
- Has view: Yes
- View description: City
- Waterfront features: None
Lot
- Size: 7,000.09 Square Feet
- Features: Tear Down On Lot
Details
- Parcel number: 5177017023
- Zoning: LARD1.5
- Special conditions: Standard
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Tax assessed value: $621,000
- Annual tax amount: $8,539
- Date on market: 1/19/2025
- Loading