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.… Read More 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. Read Less
Property listed by eXp Realty of Greater Los Angeles, Steven Gray 888-652-1314
Listing Snapshot
Days Online
50
Last Updated
Property Type
Quadruplex
Lot Size
0.16 Acres
Year Built
1913
MLS Number
PW25109397
30 Days Snapshot Of 90033
$680k
-2%
(avg) sold price
2
+100%
homes sold
82
+141%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
ElectricRange, Disposal, GasRange, Refrigerator
Building
Built in 1913, Building area total: 2,984, Levels: One, 1 story, 2 buildings, Architectural style: Modern, Spanish, Attached, Common walls: TwoCommonWallsOrMore, Construction materials: Block
Community
Biking, Curbs, Sidewalks, Urban
Cooling
Ductless
Expenses
Electric expense: $300, Fuel expense: $100, Insurance expense: $260, Operating expense: $25, Trash expense: $100, Water sewer expense: $150
Fence
Wood
Fireplaces
None
Floors
Tile, Vinyl, Wood
Heating
Ductless
Income
Gross income: $50,592, Net operating income: $37,944
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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