2515 Houston St Active

Los Angeles,CA 90033

$ 2899999

- Bed

0 Bath

- SqFt


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

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Building

Lot Description Tear Down On Lot

Others

Special Listing Condition Standard

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