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$649,888
146 Days On Site

118 W 87th Place
Los Angeles, CA 90003

For Sale|Land|Active
Subdivision:
TR 337
County:
Los Angeles
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
118 W 87th Place118 W 87th Place118 W 87th Place118 W 87th Place
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RTI Affordable Development Site, 11-unit ED1 TOC Tier 3, priced to move. The existing triplex has been demolished. Permit-ready affordable housing development opportunity with an issued grading permit and a building permit application that is Ready to Issue (RTI). Proposed 3-story apartment project, positioned for a buyer seeking a fast path to start work without going back through full entitlement. Attached documents include LADBS grading permit and receipt, soils report, and City soils approval letter, LADBS building permit status showing Ready to Issue, approved plan set, and recorded affordable housing covenant running with the land. Buyer to review the covenant and verify all requirements.

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Listing Snapshot
Price 
$649,888
Days On Site 
146 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1231 Acres
Year Built 
N/A
MLS® Number 
26658415
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoPrice changed to $649,888
5 months agoListing first seen on site
General Features
Acres 
0.1231
Disclosures 
SellerDisclosure
Sewer 
Other
Special Circumstances 
Standard
Zoning 
LAR3
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Exterior Features
Lot Features 
Level
View 
None
Waterview 
None
Community Features
MLS Area 
C37 - Metropolitan South
Listing courtesy of Hooman Morvarid of Compass

Based on information from the The MLS as of 2026-07-27 03:45 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

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