118 W 87th PL Los Angeles CA 90003 MLS #26658415
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:
$649,888
MLS #:
26658415
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
TR 337
Neighborhood:
c37metropolitansouth
Listed Date:
Mar 2, 2026
Lot Size:
5,362 sqft / 0.12 acres (approx)
See this Listing
Schools
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NO
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Community
- Address118 W 87th PL Los Angeles CA
- SubdivisionTR 337
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
Market Summary
Current real estate data for Land in Los Angeles as of Jul 28, 2026
485
Land Listed
173
Avg DOM
$1,535,534
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 $649,888 and features 0 acres. To schedule a showing of MLS#26658415 at 118 W 87th PL in Los Angeles, CA, contact your The Knight Group LA agent at 310.409.7242.
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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 The Knight Group LA include the name of the listing broker. Neither the listing company nor The Knight Group LA 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.118 W 87th PL
Los Angeles, CA
