2600 S Robertson Boulevard, Los Angeles, CA 90034

$7,995,000 Approx. USD 0 beds, 0 baths

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Photo of Rebecca Alvarado

Marketed By Rebecca Alvarado REALTOR® - Broker Associate 323-240-9219 m
323-685-1131 o
626-568-8120 f
Lic#: 00912906
NRDS ID: 190002760
HomesByBecky@bhhscal.com Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
Phone: 626-440-5100
Fax: 626-568-8120

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Agent Remarks

26002610 S Robertson Boulevard presents a rare opportunity to acquire a fully entitled, Ready-to-Issue (RTI) ED1 mixed-use development site in the heart of Los Angeles' highly desirable Westside. Situated on a signalized hard corner at Robertson Boulevard and Beverlywood Street, the project is approved for a 150-unit affordable housing development with ground-floor retail, eliminating the entitlement risk and timeline uncertainty typically associated with Los Angeles multifamily development. The approved project consists of approximately 62,833 square feet with 148 affordable units and one manager's unit, featuring an efficient mix of 30 studios and 120 one-bedroom apartments above neighborhood-serving retail. The ED1 approval provides significant development advantages, including streamlined processing, no parking requirement, and no density cap limitations. Offered at $7,995,000, the property is priced at approximately $53,300 per approved unit, $127.24 per buildable square foot, and $492.92 per land square foot, providing developers with a shovel-ready opportunity in a high-barrier-to-entry submarket surrounded by Beverly Hills, Century City, Culver City, and Westwood. The location benefits from strong affordability demand drivers, proximity to major employment centers, a Walk Score of 85, and potential upside through Section 8 voucher programs, making it particularly attractive to affordable housing developers, tax-credit sponsors, and institutional investors seeking immediate development execution.

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# 26843389

Price: $7,995,000

Beds: 0

Baths: 0

0.37 acres

Lot size: 0.3724

County: Los Angeles

Zoning: LAC4

MLS area: C09 - Beverlywood Vicinity