Listing provided courtesy of Hooman Morvarid of Compass. Last updated 2026-04-03 08:21:45.000000. Listing information © 2026 Sandicor.
Asking Price: $698,888 |
118 W 87th, Los Angeles CA 90003
Community: C37 - Metropolitan South
This property was built in 0 and is priced at $698,888. Please see the additional details below.
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.
