Jordan Petito

$3,395,000

0.23 Acres

Los Angeles, California, 90035

We are proud to offer an outstanding 35-Unit RTI Multifamily Development Opportunity located at 8521 Horner Street, Los Angeles, CA 90035, in the highly desirable Pico-Robertson area. The project is situated on an approximately 9,800 SF lot and is designed as a 5-story residential building with one level of subterranean parking. The approved plans currently include 29 base units, with additional storage areas that may be converted into ADU units. The ADU component can be designed as either 3 larger two-bedroom/two-bathroom ADUs of approximately 850 SF each, or as 6 studio ADUs of approximately 425 SF each, subject to final design and buyer verification. The planned project is currently presented as 29 base units plus 6 ADUs, for a total of 35 units, with a well-balanced mix of studio, one-bedroom, two-bedroom, and three-bedroom units. The proposed building includes approximately 26,675 SF of residential building area, plus approximately 9,342 SF of parking/bicycle parking area. The base unit mix includes 1 studio unit, 19 one-bedroom units, 7 two-bedroom units, and 2 three-bedroom units, with the ADU/storage conversion providing additional flexibility for the buyer. The project also includes 6 Very Low Income units, creating an attractive affordability component while maintaining a strong market-rate rental profile. Situated just south of Pico Boulevard and west of La Cienega Boulevard, 8521 Horner Street offers exceptional connectivity and urban convenience. The property is within close reach of major commercial corridors, public transit hubs, and upscale residential enclaves including Beverly Hills, Carthay Circle, Century City, West Hollywood, Culver City, and Downtown Los Angeles. The surrounding area features a vibrant mix of multifamily residences, trendy cafs, local markets, boutique shops, and neighborhood amenities. With a reported Walk Score of 84, the site combines strong walkability, day-to-day convenience, and a quieter residential setting on a tree-lined street. As an RTI multifamily project with a contemporary design, 8521 Horner Street presents a rare shovel-ready development opportunity in a centrally located, supply-constrained West Los Angeles rental market.

$4,200,000

0.43 Acres

Los Angeles, California, 90019

We are pleased to present the opportunity to acquire 1050 & 1056 S Norton Avenue, a 102-unit, 100% affordable apartment development site located in Los Angeles' Mid-Wilshire / Olympic Park submarket within the Country Club Park HPOZ. The project is situated on an approximately 18,533 SF lot in a central Los Angeles infill location near Mid-Wilshire, Koreatown, Hancock Park, and the greater Wilshire corridor. The proposed development is designed as a 5-story, Type III-A residential apartment building consisting of 102 total units, approximately 33,833 SF of rentable area, and approximately 42,908 SF of proposed building area. The project is being developed under Executive Directive 1 as a 100% affordable housing project pursuant to AB 1763 and AB 2345, allowing for unlimited density and zero parking within proximity to a major transit stop. The planned unit mix includes 27 studio units, 71 one-bedroom units, and 4 two-bedroom units. The affordability mix shown in the plans includes 21 moderate-income units, 73 low-income units, 6 very-low-income units, and 1 extremely-low-income unit, plus 1 manager's unit. The project benefits from significant development incentives, including zero parking, additional height allowances, and an FAR increase from 3:1 to approximately 3.46:1, with the proposed FAR shown at approximately 3.44:1. The plans also reference off-menu incentives for a 100% reduction in open space and tree reduction subject to approval. Located within an established residential neighborhood, the site provides strong access to transit, employment centers, retail, and daily amenities throughout Central Los Angeles. With a large combined lot, 102-unit affordable housing program, and ED1 entitlement pathway, this offering presents a strong opportunity for developers seeking scale in a supply-constrained Los Angeles market.

$1,995,000

0.34 Acres

Los Angeles, California, 90023

We are proud to exclusively present 4153 Whittier Blvd, Los Angeles, California rare shovel-ready multifamily development opportunity in a strong infill East Los Angeles location. The property consists of an approximately 15,000 SF lot (0.344 acres) and is approved for a 51-unit, 3-story apartment development totaling approximately 29,130 gross building square feet. With the existing improvements already demolished and substantial predevelopment work completed, the site offers a meaningful advantage for a developer seeking to move efficiently into the next phase of construction. The approved project is situated on approximately 0.3444 net acres and includes a unit mix of 4 studios, 42 one-bedroom units, and 5 two-bedroom units within a 3-story building. The plans provide for 17 affordable units across multiple affordability levels, including units at 30%, 50%, 80%, and 120% AMI, while the balance of the project consists of 34 market-rate apartments. The approval also includes a density bonus structure that supports the 51-unit design, along with a waiver for a reduced front yard setback. Additional project highlights include no parking, 26 long-term bicycle spaces, 6 short-term bicycle spaces, a proposed height of approximately 41 feet, and County clearances from Public Health, Fire, and Public Works Land Development. This is an excellent opportunity for a developer to acquire a site where demolition has already been completed and substantial entitlement and permit work has already been secured, significantly reducing lead time and entitlement risk. Positioned just 0.03 miles from public transportation, 4153 Whittier Blvd offers the attributes today's urban multifamily developers seek: scale, transit accessibility, completed demolition, and meaningful entitlement progress. With site work already advanced and core development parameters established, this is an opportunity to acquire a Los Angeles infill project with reduced lead time, lower entitlement risk, and a clear path toward construction.

$5,500,000

0.98 Acres

Los Angeles, California, 90039

We are proud to exclusively present for sale a Ready-to-Issue 13 Small Lot Subdivision Development Project in prime Silver Lake, sandwiched between the Silver Lake Reservoir and the massive Griffith Park. The proposed project is situated on a rare 42,793 SF lot on a knoll providing for some promising views. The SLO Project features a popular mix of five spacious 3 bedroom homes and eight 2 bedroom homes, each with their own garage, private decks and patios. The expansive lot will house ample parking, consisting of 13 two-car garages and 9 open air parking spaces. Located within a block from neighborhood retail and near the shopping on Glendale Blvd. and Hyperion Ave., just over the 5 freeway from Atwater Village, an easy walk to the Silver Lake Reservoir, steps to the bicycle path on the LA River, fine and casual dining all around, Whole Foods and Trader Joe's down the road, nightlife and anything a future owner or tenant would want or need, this location and the beautifully designed Project will be the talk of the town!

$3,250,000

3.36 Acres

Vista, California, 92084

We are proud to exclusively present the Vista California Development located at 1351 S Santa Fe Avenue, Vista, California. This 3.36-acre (146,361 SF) corner parcel, zoned R-M (Medium Density Residential), is prominently situated along the South Santa Fe Avenue Corridor an area undergoing significant transformation under the City of Vista's South Santa Fe Corridor Specific Plan. The property features topography, 290 feet of frontage, and full utility access, creating an ideal foundation for a streamlined and high-quality residential development opportunity. Positioned within a rapidly growing North San Diego County submarket with a population exceeding 100,000 residents, the site sits directly across from a newly completed townhome community and is surrounded by housing, schools, and local retail amenities. Vista continues to experience strong demographic growth, supported by a median household income of approximately $78,800 within one mile, reflecting robust local demand for attainable and modern housing options. The property's R-M zoning offers flexibility for small-lot, townhome, or condominium projects, allowing builders to capture both for-sale and for-rent housing demand. With utilities to the street, no replacement housing requirements, and inclusion in an active redevelopment corridor, the site provides a clear entitlement path and favorable economics for a range of residential configurations. Its strategic proximity to major employment and educational hubs, Kaiser Permanente Vista, Tri-City Medical Center, and California State University San Marcos further strengthens the project's long-term viability and absorption potential. Located minutes from North County Square, Vista Village Center, and LEGOLAND California, the property also enjoys excellent regional connectivity via Highway 78, Interstate 5, and Interstate 15. With its combination of scale, zoning, infrastructure readiness, and prime corner positioning within one of North County's most active residential corridors, 1351 S Santa Fe Avenue represents a premier infill development opportunity offering both immediate feasibility and strong long-term appreciation potential.

$3,195,000

0.37 Acres

Reseda, California, 91335

We are excited to offer a premier opportunity to acquire a Ready-to-Issue (RTI), 91-unit, fully Affordable Housing Development, set on a spacious 16,010 SF lot in the highly sought-after and rapidly evolving Reseda neighborhood. This prime site is perfectly situated for accessibility, just moments away from key local destinations like the Van Nuys Airport and Warner Center, providing seamless access to transportation, shopping, and major employment centers. Designed for both efficiency and cost-effectiveness, this 4-story, stacked on-grade development features a thoughtfully planned unit mix, including 23 studios, 62 one-bedroom units, and 6 two-bedroom units, offering approximately 42,011 SF of buildable space. Set in a primarily residential area, the site offers excellent street parking availability, as well as a walkable environment with essential services and public transit just a short stroll away. The project benefits from eligibility for participation in the HCD Schedule VI moderate-income and TCAC Schedule IX low-income programs, both of which are standard for 100% affordable housing developments in Los Angeles. With the potential to attract Section 8 voucher tenants, rental income could increase by as much as 20% per unit, providing significant financial upside. A standout feature of this development is its zero parking requirement, resulting in substantial cost savings and a streamlined, transit-friendly design. With a Walk Score of 88, the neighborhood is rated as "Very Walkable," making it a perfect location for residents who prioritize ease of access to transit and daily amenities. This is an exceptional opportunity for investors looking to capitalize on one of Los Angeles' most promising affordable housing projects.