REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 7,995,000
Est. payment | /mo
0.37 Acres Lot
$ 7,995,000
Est. payment | /mo
0.37 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26843389
Lot Size 0.372 Acres
Acres 0.37
Property Description
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.
Location
State CA
County Los Angeles
Area Beverlywood Vicinity
Zoning LAC4
Exterior
View Y/N No
View None
Others
Special Listing Condition Standard
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Marcus & Millichap
Nearby Locations
Chakits Krulsawat
Buyer and Sales Specialist | RE. Lic# S.0168764
+1(702) 319-1092 | chakits.k@gmail.com