$3,650,000
Est. $20,440/mo8521 Horner Street, Los Angeles, CA 90035
About this home
35 Unit fully entitled RTI Project. Prime Development Opportunity in Coveted Pico-Robertson. An exceptional opportunity to acquire an RTI fully entitled development project featuring 29 apartment units and 6 individual ADUs with excellent unit mix in one of Los Angeles' most sought-after rental markets Pico-Robertson. Situated on a 9,800 sq ft lot, the property currently includes an older, vacant 8-unit apartment building and is fully RTI (Ready-to-Issue) and with demolition permits. Approved architectural plans call for a modern 5-story building with a one level subterranean parking garage and an 800 sq ft rooftop deck. The total proposed building size is approximately 26,675 sq ft. Located in a vibrant, walkable, and diverse residential neighborhood, this site offers excellent proximity to Beverly Hills, Century City, Rancho Park, and Culver City. The surrounding area features a mix of single-family homes and low-rise apartment buildings, making it an ideal location for multifamily development. A premier investment opportunity, ready for immediate construction.
infoProperty Facts
Bedrooms
0
Bathrooms
0
Days on Market
195
HOA Fee
N/A
MLS #
25575221
chairInterior Details
garageParking
deckExterior & Lot
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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