118 W 87th Place, Los Angeles, CA 90003
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
Listed by: hooman morvarid
Office: compass
MLS#:CL26658415
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$649,888
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 #:CL26658415
- Added:96 day(s) ago
- Updated:June 14, 2026 at 02:37 PM
Structure and exterior
- Lot area:0.12 Acres
- Architectural Style:Unimproved Land
Finances and disclosures
- Price:$649,888
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