118 W 87th Place, Los Angeles, CA 90003

  • $698,888
118 W 87th Place
Land Active
118 W 87th Place, Los Angeles, CA 90003
118 W 87th Place
  • $698,888

Overview

Property ID: HZ26658415
  • 0
  • Bathroom

Description

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.

  • Address 87th
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90003

Details

Updated on March 3, 2026 at 7:07 am
  • Property ID: HZ26658415
  • Price: $698,888
  • Bathroom: 0
  • Property Status: Land
  • Listed by: Hooman Morvarid
  • DRE #: 02192053
  • Contact Phone: 8183552700|
  • Contact Mail: hm@hoomanrealestate.com
  • Brokered by: Compass

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