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Listed by: Hooman Morvarid (818) 292-1100 DRE #02192053 | Compass (818) 783-7721
$649,888
Monthly Est:$3,235
-- Bed
-- Bath
5,362sqft lot
118 W 87th Place, Los Angeles, CA 90003
$649,888
$3,235/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
5,362 sqft lot
$121/sq.ft
Description
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 v...
Continue Reading- Houzeo last checked: 7 minutes ago
- Listing updated: July 31, 2026 at 10:09 pm
- Source: California Regional MLS-CA | MLS#: 26658415
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
5,362 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26658415
MLS Status
Active
Days on Market
200
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Other
Other Features
Subdivision Name
Tr 337
Disclosures
Seller Disclosure
Lot Features
Flat
Price History
| Date | Event | Price |
|---|---|---|
03/02/2026 Source: | Listed for Sale | $649,888 -7.01% $0/sqft |
03/02/2026 Source: | Price Increased | $698,888 +7.54% $0/sqft |
03/02/2026 Source: | Price Decreased | $649,888 -19.27% $0/sqft |
10/06/2025 Source: | Off Market | $805,000 $0/sqft |
06/17/2025 Source: | Listed for Sale | $805,000 $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 10:31PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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