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Land — 118 W 87th Place, Los Angeles, CA

$649,888

118 W 87th Place, Los Angeles, CA

$649,888 — 118 W 87th Place, Los Angeles, CA — photo 1 $649,888 — 118 W 87th Place, Los Angeles, CA — photo 2 $649,888 — 118 W 87th Place, Los Angeles, CA — photo 3 $649,888 — 118 W 87th Place, Los Angeles, CA — photo 4 $649,888 — 118 W 87th Place, Los Angeles, CA — photo 5
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About this property

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

Property type
Land

Location

118 W 87th Place • Los Angeles, CA 90003

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Listed by

Hooman Morvarid · Compass

Listing courtesy of Compass. Information deemed reliable but not guaranteed.

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