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118 W 87th Place, Los Angeles, CA 90003

Los Angeles
Local realty services provided by:CENTURY 21 Sierra Properties
118 W 87th Place,Los Angeles, CA 90003
$649,888
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  • 0.12 Acres
  • Lots / Land
  • Active
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:145 day(s) ago
  • Updated:August 02, 2026 at 02:31 PM

Structure and exterior

  • Lot area:0.12 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$649,888
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 2, 2026 CA_BRIDGEMLS Member Broker: Jesse Gibbs

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