118 W 87th Place, Los Angeles, CA — listing photo 1
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FOR SALE

118 W 87th Place

Los Angeles, CA 90003
5,362 Lot Sq Ft
$649,888
Price ReducedWas $698,888 — $649,888 (-$49,000)

Property Overview

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 Details

Property type
Land
Lot size
5,362 sq ft
Days on market
151
MLS status
Active
Zoning
LAR3

Features & Amenities

Lot

  • Flat

Community, Schools & Utilities

Community

Subdivision
TR 337
View
None

Utilities

Sewer
Other
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Location & Neighborhood

118 W 87th Place

Los Angeles, CA 90003

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Frequently Asked Questions About 118 W 87th Place

Property type: Land

The current asking price is $649,888. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 118 W 87th Place. Our team will confirm availability and timing.
This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 151 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Hooman Morvarid
MLS ID: CLW-C145518

Available property

$649,888

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.