$ 7,995,000
-
$7,995,000
Price -
0
Bed -
0
Bath -
0
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing X75151 - C112897
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 Highlights
Status
Active
Days on Site
18
Property Type
Vacant Land
MLS ®
26843389
Year Built
Total Square Footage
0
Lot/Acreage
0.37
County
Los Angeles
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Zoning: LAC4
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
2600 S Robertson Blvd Los Angeles, CA 90034
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
