2600 S Robertson Blvd., Los Angeles, CA 90034
INVESTMENT OVERVIEW
This 16,219 SF C4-1VL-CPIO zoned site will be delivered with Ready-to-Issue (RTI) permits for a modern 5-story, 150-unit multifamily development located on the border of Castle Heights and Beverlywood, in one of West Los Angeles’ most in-demand submarkets. The approved plans include a highly efficient unit mix of 80 studios and 70 one-bedroom units, with a total net rentable area of ±52,437 square feet, designed to meet the strong demand for compact, centrally located housing.
Situated in the 90034 ZIP code, the property enjoys excellent access to both east-west and north-south transit corridors, including the 10 Freeway, Robertson Blvd, and Venice Blvd, along with easy connectivity to Culver City, Century City, Beverly Hills, and Downtown LA. The surrounding area is a high-rent-growth submarket with ongoing redevelopment and strong long-term tenant demand.
As a TOC Tier TR-6059 site, the project benefits from increased density allowances and reduced parking requirements, helping maximize both design flexibility and return on investment.
The location is walkable to nearby retail, restaurants, and transit stops, and aligns well with the city’s push for transit-oriented, mixed-income housing.
With RTI permits secured, developers can immediately proceed with construction, bypassing lengthy entitlement delays. The project’s design and scale position it well for a variety of strategies, including market-rate or income-restricted lease-up, institutional sale upon completion, or long-term hold with stabilized yield.
2600 S Robertson Blvd offers a rare opportunity to deliver a mid-sized, shovel-ready multifamily project in a supply-constrained part of Los Angeles, combining location, timing, and entitlement certainty into a high-potential investment opportunity.
2600 S Robertson Blvd
Project Overview
| Project Information | |
|---|---|
| Gross Building Area | 65,998 SF |
| Build-able Units | 150 Unit 70 (1-Bedroom) | 80 (STUDIOS) |
| Stories | 6 |
| Net Rentable | 65,998 SF |
| Average Unit Size | 383 -253 SF |
| Lot Size | 16,219.75 SF |
| Legal Description | |
| Site Address | 2600 S Robertson Blvd., Los Angeles, CA 90034 |
| Zoning | C4-1VL-CPIO | Tier: TR 6059 |
| APN | 4301-007-001, 4301-007-002 |
2600 S Robertson Blvd
Price Analysis
Gross building area
65,998 SF
Build-able Units
150
STORIES
6 FLOORS
LOT SIZE
16,219 SF
NET RENTABLE AREA
52,437
| COST SUMMARY | |
|---|---|
| Acquisition Costs: | $ 8,200,000.00 |
| Operating Expenses at 5% of Acquisition | $410,000.00 |
| Construction Costs: | $ 20,340,000.00 |
| Total Development Costs | $ 28,950,000.00 |
| Plan #1 : DISPOSITION | ||
|---|---|---|
| Projected Property Value: | $49,300,726.15 | |
| Disposition Cap Rate: | 6.50% | |
| Sales Proceeds at Disposition: | ||
| Projected Sale Value: | $ 49,300,726.15 | |
| Broker Commission: at 6.0% of Sale Price | $ 2,958,043.57 | |
| Closing Cost: at 0.5% of Sale Price | $ 246,503.63 | |
| Net Sale Proceed | $ 46,096,178.95 | |
| less: Project Cost | $ 28,950,000.00 | |
| Net Profit | $ 17,146,178.95 | |
| ROI | 59.23% | |
| PLAN #2: HOLD | |
|---|---|
| OPERATING PERFORMANCE | |
| Scheduled Lease Revenue | $ 4,196,160.00 |
| less: Manager Unit | $ 26,496.00 |
| less: Vacancies & Bad Debt at 3.00 % | $ 125,884.80 |
| less: Operating Expenses | $ 839,232.00 |
| Total | $ 991,612.80 |
| Residential Cash Flow | $ 3,204,547.20 |
| Net Operating Income | $ 3,204,547.20 |
| Cap Rate on Total Cost | 11.07% |
2600 S Robertson Blvd
Project Plans
Palms – Beverlywood Corridor
Neighborhood
Situated along Robertson Boulevard at the intersection of Palms and Beverlywood, offering a central location between Downtown LA, Culver City, and Beverly Hills.
Provides excellent access to I-10 and I-405 freeways, as well as Venice Boulevard and National Boulevard, ensuring seamless connectivity throughout West Los Angeles.
Within minutes of Culver City Arts District, Sony Pictures Studios, and Downtown Culver City, which feature dining, creative offices, and entertainment venues.
Well-served by public transit, including LA Metro bus lines and the E Line (Expo), connecting to Santa Monica and Downtown LA.
Surrounded by a blend of residential neighborhoods, boutique retail, and professional services, making it a highly walkable and desirable area.
A diverse, upwardly mobile community with a mix of young professionals, families, and long-term residents.
Popular among those working in entertainment, tech, and design industries due to proximity to Culver City and Silicon Beach.
Maintains a balanced mix of renters and homeowners, contributing to the area’s stability and local character.
Characterized by low-rise apartment buildings, modern condos, and updated single-family homes.
Strong demand for multi-family and mixed-use housing, driven by proximity to major employment and cultural hubs.
The area has seen an increase in luxury apartment developments with high-end finishes and walkable retail access.
Offers an appealing combination of urban convenience and residential comfort.
Provides a vibrant urban lifestyle with access to top-rated restaurants, cafés, fitness studios, and boutique shopping.
Nearby attractions include Helms Bakery District, Platform Culver City, and Museum of Jurassic Technology.
Residents enjoy a short commute to Century City, Santa Monica, and Downtown LA, offering a perfect blend of work and leisure accessibility.
The area fosters a community-focused atmosphere with local farmers markets, parks, and art events.
Served by the Los Angeles Unified School District (LAUSD) and several highly rated charter and private schools.
Nearby schools include Castle Heights Elementary, Palms Middle School, and Alexander Hamilton High School.
Close proximity to UCLA, West Los Angeles College, and Santa Monica College for higher education.
Walking distance to Robertson Boulevard retail corridor featuring restaurants, banks, and local services.
Within minutes of Beverlywood, Cheviot Hills Recreation Center, and Palms Park for outdoor activities.
Nearby Cedars-Sinai Medical Center and Kaiser Permanente West LA provide comprehensive healthcare options.
Excellent connectivity via major transit routes and bike-friendly infrastructure, enhancing accessibility across the Westside.
