The thing I think you’re talking about is real, but it has little to do with the other planets.
There are actually two relativistic terms: the geodetic precession term and the frame-dragging precession, a.k.a. the Lense-Thirring effect. The first is due to the presence of the Sun’s spacetime curvature, and the second is due to the effect the Sun’s rotation has on spacetime.
Both effects cause orbital precessions (mostly the geodetic effect, though), in effect because spacetime geometry (and thus space, time, and gravity) are all slightly different at aphelion versus perihelion, which leads to orbits and gyroscopes precessing through space. Both of these effects were confirmed to be real in large part by observing the precession of Mercury’s line of nodes. This is mentioned in later copies of Relativity (mine is the 100th anniversary one, which includes some addenda about later confirmations of relativity). It was confirmed more recently, and to greater precision, by the Gravity Probe B experiment, which very carefully measured both forms of precession around the Earth, with much less mass and angular momentum than the Sun.
Neither form of relativistic precession has anything to do with the other planets. I’d imagine that there would be some relativistic perturbation to Mercury’s orbit due to Venus and maybe Earth, but the other planets are certainly too far away to have a meaningful effect in that way. You don’t need general relativity to account for these perturbations; the planets’ gravitational fields are so weak that the Newtonian approximation for their interactions is essentially valid, and you can calculate the precessions they cause with simple Newtonian mechanics. In the case of the Sun, relativity gets too complex to linearize, and considering the full Kerr metric for the Sun you see geodetic and frame-dragging terms that, combined with Newtonian perturbations from the other planets, closely match what is observed.
However, does this precession still occur in the absence of other planets?
-- Yes $\endgroup$