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For Sale
$698,888
Est. $3,914/mo118 W 87th Place, Los Angeles, CA 90003
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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.
Property Facts
bathtub
Bathrooms
0
landscape
Lot Size
5,362 sqft
timer
Days on Market
30
payments
HOA Fee
N/A
fingerprint
MLS #
26658415
Interior Details
Parking
Exterior & Lot
Lot & Grounds
Lot Features
Flat
Sewer
Other
Mortgage Calculator
Total Monthly
$0
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$0Property Tax:
$0Home Insurance:
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Nearby Schools
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Convenience Score
Market Insights
90003|Los Angeles
analytics
Estimated Value
Calculating...
trending_up0%vs. last year
202120222023202420252026
Market Temperature
Seller'sBalancedBuyer's
0d30d60d180d
Balanced
Balanced market
30 Days
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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