2515 Houston St

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.