Active

8521 Horner Street

Los Angeles, CA 90035

$3,395,000 $14,313/Mo

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Overview

9,802

Sqft(Lot)

Description

We are proud to offer an outstanding 35-Unit RTI Multifamily Development Opportunity located at 8521 Horner Street, Los Angeles, CA 90035, in the highly desirable Pico-Robertson area. The project is situated on an approximately 9,800 SF lot and is designed as a 5-story residential building with one level of subterranean parking. The approved plans currently include 29 base units, with additional storage areas that may be converted into ADU units. The ADU component can be designed as either 3 larger two-bedroom/two-bathroom ADUs of approximately 850 SF each, or as 6 studio ADUs of approximately 425 SF each, subject to final design and buyer verification. The planned project is currently presented as 29 base units plus 6 ADUs, for a total of 35 units, with a well-balanced mix of studio, one- bedroom, two-bedroom, and three-bedroom units. The proposed building includes approximately 26,675 SF of residential building area, plus approximately 9,342 SF of parking/bicycle parking area. The base unit mix includes 1 studio unit, 19 one-bedroom units, 7 two-bedroom units, and 2 three-bedroom units, with the ADU/storage conversion providing additional flexibility for the buyer. The project also includes 6 Very Low Income units, creating an attractive affordability component while maintaining a strong market-rate rental profile. Situated just south of Pico Boulevard and west of La Cienega Boulevard, 8521 Horner Street offers exceptional connectivity and urban convenience. The property is within close reach of major commercial corridors, public transit hubs, and upscale residential enclaves including Beverly Hills, Carthay Circle, Century City, West Hollywood, Culver City, and Downtown Los Angeles. The surrounding area features a vibrant mix of multifamily residences, trendy cafs, local markets, boutique shops, and neighborhood amenities. With a reported Walk Score of 84, the site combines strong walkability, day-to-day convenience, and a quieter residential setting on a tree-lined street. As an RTI multifamily project with a contemporary design, 8521 Horner Street presents a rare shovel-ready development opportunity in a centrally located, supply-constrained West Los Angeles rental market.

Property Details

Property Type : Land

Price : $3,395,000

AD Id : 79702867

MLS Id : 26841573

Lot Size : 9,802 Sqft(Lot)

County : Los Angeles

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Features

Bathroom Information

Total Baths: 0 Full Baths: 0 Half Baths: 0

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.225
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 9802

Listing Price Information

Original List Price: 3,395,000 Listing Contract Date: 2026-06-01
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4303032022

Other Property Info

Source Listing Status: Active Source Neighborhood: C09 - Beverlywood Vicinity Postal Code Plus 4: 3642 Directions: 8521 Horner Street, Los Angeles, CA 90035 - Google Map Link https://maps.app.goo.gl/LRGXQWk7YgTxfzyH9 Zoning: [Q]R3-1-O Source Property Type: Land Area: C09 - Beverlywood Vicinity

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1044 S Robertson Boulev.., Los Angeles, CA, 90035	$3,475,000	--	--	--	7,281 Sqft(Lot)

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ByOwner last updated this listing 06/17/2026 @ 21:44

MLS: 26841573 LISTED BY: Jordan Petito, Keller Williams Beverly Hills 310-432-6400 SOURCE: CRMLS