- For Sale $2,995,000
- Property Type Multi-Family
- Property Size 26,675 SF
- Units 35
- Lot Size 9,800 SF
- Parking Spaces Avail. 19
- Parking Ratio 0.71 / 1,000 SF
- Year Built 1931
- Date Updated Jul 10, 2026
Description
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 neighborhood.
The project is situated on an approximately 9,800 SF lot and is designed as a fivestory 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 configured as either three larger twobedroom/two-bathroom ADUs of approximately 850 SF each or six studio ADUs of
approximately 425 SF each, subject to final design and buyer verification.
The proposed project consists of 29 base units plus 6 ADUs, for a total of 35 units,
featuring a well-balanced mix of studio, one-bedroom, two-bedroom, and threebedroom floor plans. The building includes approximately 26,675 SF of residential
area, in addition to approximately 9,342 SF of parking and bicycle parking space.
The base unit mix includes one studio unit, 19 one-bedroom units, seven twobedroom units, and two three-bedroom units. The ADU/storage conversion provides
additional flexibility for future ownership. The project also includes six 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 proximity to major commercial corridors, public transit, and some
of Los Angeles’ most desirable neighborhoods, 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, neighborhood
cafes, local markets, boutique shopping, and everyday amenities. With a Walk Score
of 84, the location offers excellent walkability while maintaining the character of a
quiet, tree-lined residential street.
With RTI approvals already in place, a thoughtfully designed unit mix, and a premier
West Los Angeles location, 8521 Horner Street presents an exceptional opportunity
for developers and investors seeking a high-quality multifamily project in one of the
city’s most sought-after rental markets
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Contacts
Partners CRE
Partners CRE