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$2,899,999

Est. payment - /mo

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7,000 Sqft Lot

Active

2515 Houston ST Los Angeles, CA 90033

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25485719

HOA Y/N No

Lot Size 7,000 Sqft

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 Boyh - Boyle Heights

Zoning LARD1.5

Interior

Fireplace No

Exterior

View Y/N Yes

View City Lights

Building

New Construction No

Others

Senior Community No

Tax ID 5177017023

Financing Cash

Special Listing Condition Standard

Listed by Rosie Mazariegos Equity Smart Real Estate Services

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