Los Angeles, CA 90035,8521 Horner St
$3,950,000
Est. payment /mo
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9,802 Sqft Lot
Price Dropped by $550K

8521 Horner St Los Angeles, CA 90035

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25575221

Lot Size 9,802 Sqft

Acres 0.225

Property Description

Prime Development Opportunity in Coveted Pico-Robertson. An exceptional opportunity to acquire a fully entitled development project featuring 29 apartment units and 6 individual ADUs 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 will be delivered RTI (Ready-to-Issue) at closing, complete 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 27,330 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.

Location

State CA

County Los Angeles

Area Beverlywood Vicinity

Zoning LAR3

Exterior

Waterfront Description None

View Y/N No

View None

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Rodeo Realty

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Asianna Joyce

Asianna Joyce

Agent | License ID: 02204089

+1(310) 717-8030

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8521 Horner St