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About This Home
This land at 8521 Horner St in Los Angeles, CA is listed for $3,650,000 (0.23 acres).
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.
Key Features
- 0.23 acre lot
Location
8521 Horner St
Los Angeles, CA 90035
Questions & Answers
This 0-bedroom, 0-bathroom land at 8521 Horner St is listed at $3,650,000. The estimated monthly payment is $15,817 based on 20% down at 6.5% interest.
Key features include: 0.23 acre lot.
This property is listed by Michael Mikail and can be reached at 3106176272 or michael@michaelmikail.com.