$698,888
MLS #:
26658415
Lot Size:
0.12 Acres - 5,362 Sq Ft
Type:
Lot/Acreage
Area:
C37 - Metropolitan South
Subdivision:
TR 337
Address:
118 W 87th Place
Los Angeles, CA 90003
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.
Listing offered by:
Hooman Morvarid - License# 02192053 with Compass - .
Map of Location:
Data Source:
Listing data provided courtesy of: California Regional MLS (CRMLS) (Data last refreshed: 03/30/26 12:52pm)
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Notice & Disclaimer: All listing data provided at this website (including IDX data and property information) is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed to be accurate. All measurements (including square footage) should be independently verified by the buyer.
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