8521 Horner St, Los Angeles, CA 90035 - View 1
8521 Horner St, Los Angeles, CA 90035 - View 2
8521 Horner St, Los Angeles, CA 90035 - View 3

8521 Horner St, Los Angeles, CA 90035

List Price: $4,500,000On Market FlagOn market
Aug 5, 20257,363 sqft8 beds0 baths
Listed by: Michael Mikail
License #: 00978642
Phone #: 310-617-6272
Rodeo Realty
Source:
CRMLS Logo
MLS #: 25575221

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$13,860

TurboHome Estimated Value

$2,712,000

$368 sqft

High Valuation
$2,847,600
$387/sqft
Normal Valuation
$2,712,000
$368/sqft
Low Valuation
$2,576,400
$350/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$368/sqft$2,712,000

Location

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