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RTI Multifamily Development Opportunity
For Sale
$2,995,000

8521 Horner St, Los Angeles, CA 90035

Proposed 35-unit, 5-story multifamily project with subterranean parking on an approximately 9,800 SF lot.

Property Size26,675 SF
Lot Size0.23 Acres
Price / SF$112.28
Days on Market115

Property Features for 8521 Horner St

General Information

Standard status Active
Size 26,675 SF
Lot size 0.23 Acres
Property subtype LAND

Additional Details

Multifamily Units 35

Building Details

Stories 5
Listing Agency: Keller Williams Beverly Hills
Listed By: Jordan Petito · License #02023714
Source: Benbelack
Added: Jun 1 Changed: Sep 20 Last Checked: Sep 22 at 10:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Beverly Hills

Investment Insights

Based on property information with market context.

This RTI multifamily development opportunity is planned as a 5-story residential building on an approximately 9,800 SF lot, with one level of subterranean parking. Approved plans currently call for 29 base units, along with additional storage areas that may be converted into ADUs, subject to final design and buyer verification. The ADU concept is flexible and may be designed as either three two-bedroom/two-bath ADUs of approximately 850 SF each or six studio ADUs of approximately 425 SF each. The planned overall mix contemplates 29 base units plus 6 ADUs, for a total of 35 units, including a studio unit, one-bedroom units, two-bedroom units, and three-bedroom units. The plan also includes 6 Very Low Income units.

The project site is at 8521 Horner Street in Los Angeles, located just south of Pico Boulevard and west of La Cienega Boulevard, with access to major commercial corridors and public transit hubs described in the remarks.

The proposed building program includes approximately 26,675 SF of residential building area and approximately 9,342 SF of parking/bicycle parking area.

Key Highlights

  • Proposed 35‑unit, 5‑story multifamily development at 8521 Horner St, Los Angeles, CA 90035
  • Located on an approximately 9,800 SF lot with about 26,675 SF of residential building area
  • Includes one level of subterranean parking plus about 9,342 SF of parking/bicycle parking area

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Bar & Pub (Bike/Boat/Book/etc) Store Clothing & Fashion Store Supermarket Barber Shop Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

35
Residential units

Location Intelligence

Trade Area within ½ mile

2,791
Businesses Nearby

Demographics for 90035, CA

30,294
Population
13,795
Households
2.2
Avg Household Size
37
Median Age
68%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
13,171
Density / Sq Mi
$108,224
Median Household Income
$67,202
Median Earnings
$2,486
Median Rent
$1,844,000
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Proposed 35-unit, 5-story multifamily project with subterranean parking on an approximately 9,800 SF lot.
Where is this residential land & home lot located?
The property is located at 8521 Horner St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Proposed 35‑unit, 5‑story multifamily development at 8521 Horner St, Los Angeles, CA 90035; Located on an approximately 9,800 SF lot with about 26,675 SF of residential building area; Includes one level of subterranean parking plus about 9,342 SF of parking/bicycle parking area
More about this property
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