118 W 87th PL
Los Angeles, CA, 90003
$698,888
Beds
0 Baths
0 SqFt
0.12 Acres
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MLS #26658415 image #0
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 Details

Price:
$698,888
MLS #:
26658415
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
TR 337
Neighborhood:
c37metropolitansouth
Listed Date:
Mar 3, 2026
Lot Size:
5,362 sqft / 0.12 acres (approx)
C37 – Metropolitan SouthC37metropolitansouthTr 337None

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Market Summary

Current real estate data for Land in Los Angeles as of Mar 12, 2026
426
Land Listed
148
Avg DOM
$1,600,234
Avg List Price

Property Summary

    Located in the TR 337 subdivision, 118 W 87th PL Los Angeles CA is a Land for sale in Los Angeles, CA, 90003. It is listed for $698,888 and features 0 acres.

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broker reciprocity Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.
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118 W 87th PL
Los Angeles, CA