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8521 Horner St
Los Angeles, CA 90035
5-Story 35 Unit RTI Development · Land For Sale · 0.22 AC

Investment Highlights

  • 35-unit RTI multifamily development in Pico-Robertson.
  • ADU option for 3 larger 2 bed / 2 bath units or 6 studio units.
  • 26,675 SF residential area plus subterranean parking/bike area.
  • 29 base units + ADU flexibility through approved storage areas.
  • 9,800 SF lot with a planned 5-story building.
  • Prime location near Pico Blvd, La Cienega, Beverly Hills, and Century City.

Executive Summary

PartnersCRE is 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 cafés, 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 Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Subsidized
Total Lot Size 0.22 AC
Zoning [Q]R3-1-O - High Density Housing Units

1 Lot Available

Lot

Price $4,716,334 CAD
Price Per AC $20,963,626.97 CAD
Lot Size 0.22 AC

Property Taxes

Property Taxes

Parcel Number
4303-032-022
Land Assessment
$2,711,935 CAD
Improvements Assessment
$1,084,772 CAD
Total Assessment
$3,796,707 CAD
  • Listing ID: 40744327

  • Date on Market: 2026-06-01

  • Last Updated:

  • Address: 8521 Horner St, Los Angeles, CA 90035

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