Description
35 Unit fully entitled RTI Project. Prime Development Opportunity in Coveted Pico-Robertson. An exceptional opportunity to acquire an RTI fully entitled development project featuring 29 apartment units and 6 individual ADUs with excellent unit mix 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 is fully RTI (Ready-to-Issue) and 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 26,675 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.
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School Ratings & Info
Description
35 Unit fully entitled RTI Project. Prime Development Opportunity in Coveted Pico-Robertson. An exceptional opportunity to acquire an RTI fully entitled development project featuring 29 apartment units and 6 individual ADUs with excellent unit mix 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 is fully RTI (Ready-to-Issue) and 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 26,675 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.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-03-07T12:42:59.943. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.