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$649,888
195 Days On Site

118 W 87th Place
Los Angeles, CA 90003

For Sale|Land|Active
Subdivision:
TR 337
County:
Los Angeles
Listed by Hooman Morvarid of Compass HM@HoomanRealEstate.com
Call Now: (800) 215-5000
Is this the listing for you? We can help make it yours.
(800) 215-5000
118 W 87th Place118 W 87th Place118 W 87th Place118 W 87th Place
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Monthly Payment (Est.)

$2,965
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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 
195 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
a month agoListing updated with changes from the MLS®
4 months agoPrice changed to $649,888
6 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


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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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