118 W 87th Place, Los Angeles, CA 90003

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
118 W 87th Place,Los Angeles, CA 90003
$698,888
  • 0.12 Acres
  • Lots / Land
  • Active
Listed by: hooman morvarid
Office: compass818-783-7721
MLS#:26658415
Source:CRMLS

Price summary

  • Price:$698,888

About this home

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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Home facts

  • Listing ID #:26658415
  • Added:53 day(s) ago
  • Updated:April 25, 2026 at 10:33 AM

Structure and exterior

  • Lot area:0.12 Acres
  • Lot Features:Flat

Finances and disclosures

  • Price:$698,888
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