Los Angeles, CA 90033 2437 Houston Street

2437 Houston Street Los Angeles, CA - Image 12437 Houston Street Los Angeles, CA - Image 22437 Houston Street Los Angeles, CA - Image 3
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Presented By: Steven Gray with eXp Realty of Greater Los Angeles;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25109397
  • 05/16/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 3
  • SQFT • 2,984

Home Details

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.
Presented By: Steven Gray with eXp Realty of Greater Los Angeles;

Interior Features for 2437 Houston Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile, Vinyl, Wood
Heating Y/NYes
Interior AmenitiesAllBedroomsDown
Laundry FeaturesInside
Total Stories1

Other Rooms

Entry Level1

General for 2437 Houston Street

Additional Parcels Y/NNo
AppliancesElectricRange, Disposal, GasRange, Refrigerator
Architectural StyleModern, Spanish
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesBiking, Curbs, Sidewalks, Urban
Construction MaterialsBlock
ContingencyN/A
CoolingDuctless
CountyLos Angeles
DirectionsTurn South from Soto St onto Houston and/or North on Houston from Fickett Ave
DisclosuresRentControl
ElectricStandard
Electric Expense300.0
Entry Location1
Fuel Expense100.0
Garage Spaces0.0
Garage Y/NNo
Gross Income50592.0
HOANo
HOA Fee$0.0
HeatingDuctless
Home Warranty Y/NNo
Insurance Expense260.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional, Exchange1031
Lot Size Square Feet7004.0
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
Net Operating Income37944.0
New ConstructionNo
Number Of Units Total4
Operating Expense25.0
Pool FeaturesNone
Property Attached Y/NYes
Property ConditionUpdatedRemodeled, Turnkey, UnderConstruction
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofSeeRemarks
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot20
Tenant PaysElectricity, Gas
Trash Expense100.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SeeRemarks, WaterConnected
ViewNone
Water Sewer Expense150.0
Year Built1913
Year Built SourcePublicRecords
ZoningLAR3

Exterior for 2437 Houston Street

Building Area Total2984.0
Crops Included Y/NNo
FencingWood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1608
Lot Size Area7004.0
Lot Size SourceOwner
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,960,000
MLS#PW25109397
List Date 05/16/2025
Property Type Multi-Family
Phone 714.742.6515
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