
Los Angeles, California 90033
This Modernized Quadruplex Investment is listed at $1,550,000, representing a stable entry point at its $1,550,000 Fair Market Value. Boasting an exceptional Condition Rating of 2 following an extensive renovation, the property features marble countertops, dark hardwood flooring, and individual mini-split HVAC systems. Its unique flex-unit configuration provides unmatched versatility, allowing for legal unit conversions to maximize cash flow in the high-demand Boyle Heights area. This turnkey asset is an ideal match for Buy-and-Hold Investors or Owner-Occupants seeking a premium, income-generating compound in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2437 Houston Subject | $1,550,000* List Price | 0 | 0 | 2,984 | $519 | - |
A 1917 E 2nd Street Sold | $1,238,000 | 0 | 0 | 2,269 | $546 | 0.9 mi |
B 2718 Malabar Active | $1,197,000 List Price | 0 | 0 | 3,100 | $386 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1913, the property has undergone an exquisite and comprehensive modern renovation, as described and evidenced by the images. The kitchens feature modern white shaker cabinets, marble countertops, and a full suite of new stainless steel appliances. Bathrooms boast floating vanities, custom tile work, and rainfall shower heads, presenting a sleek, spa-like experience. All units have new dark hardwood flooring, updated dual-pane windows, and individual mini-split AC/heater systems, indicating all major components are new or virtually new and meet current quality standards.
This four-unit investment property offers strong income potential, highlighted by a unique flex-unit configuration that allows two 3-bedroom units to legally convert into four 1-bedroom units, maximizing cash flow and tenant demographics.
The property has undergone an exquisite and extensive remodel, featuring updated exteriors with modern pavers, gated privacy fencing, dual-pane windows, and a polished, contemporary aesthetic throughout.
Every room is equipped with individual mini-split AC and heater systems, providing superior climate control, energy efficiency, and enhanced tenant comfort.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2984, other record living area = 3032.
The property does not include off-street parking, which can be a significant drawback and inconvenience for tenants in a dense urban area like Los Angeles, despite the mention of ample street parking.
A notable reduction from the original list price may indicate initial overvaluation or market resistance, potentially raising questions for prospective buyers regarding the property's true market value.
Welcome to 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 mini-split AC and heater systems,
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,984 | 2,156 | 82% |
| Lot Size | 7,004 | 6,072 | 82% |
| Price | $1.55M | $735.0K | 91% |
| Price per sq ft | $519 | $408 | 82% |
| Built year | 1913 | 1924 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 164 | 171 | 45% |
Apr 29, 2026
$1,550,000
$1,705,000
-9% Price Drop
Initial Listing
Dec 1, 2025
$1,705,000
$1,960,000
-13% Price Drop
Initial Listing
Nov 21, 2025
$1,960,000
Initial Listing
Dec 30, 2015
$532,500
Public Record
May 19, 2006
$698,000
Public Record
Sep 14, 2005
$586,000
Public Record