$698,888 - 118 W 87th Place, Los Angeles
- 0.12Acres
Los Angeles Home For Sale
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.
Sales Agent
- Sam Smith
- San Clemente Realtor ®
- Phone: 949-204-5110
- Cell: 949-204-5110
- Contact Agent Now
Amenities
- ViewNone
Essential Information
- MLS® #26658415
- Price$698,888
- Bathrooms0.00
- Acres0.12
- TypeLand
- StatusActive
- Listing AgentHooman Morvarid
- Listing OfficeCompass
Exterior
- Lot DescriptionFlat
Community Information
- Address118 W 87th Place
- AreaC37 - Metropolitan South
- SubdivisionTR 337
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
Additional Information
- Date ListedMarch 2nd, 2026
- Days on Market32
- ZoningLAR3
- Short SaleN
- RE / Bank OwnedN
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Similar Neighborhoods to "TR 337" in Los Angeles, California
Back to Results- City:
- Los Angeles
- Price Range:
- $1,000 - $80,000,000
- Current Listings:
- 444
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of April 4th, 2026 at 2:35am PDT. 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. 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, 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.