118 W 87th Place, Los Angeles, CA 90003 (MLS # 26658415)

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PRICE $698,888 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 5,363 sqft

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.

DAYS ON MARKET 1 LAST UPDATED 3/2/2026
TRACT TR 337 YEAR BUILT 0
COMMUNITY C37 - Metropolitan South COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Lot/Land/Acreage


ADDITIONAL DETAILS
AREA C37 - Metropolitan South
LOT 5362 sq ft
LOT DESCRIPTION Level
LOT DIMENSIONS 38 x 67
SEWER Other
SUBDIVISION TR 337
VIEW DESCRIPTION None
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