118 W 87th PL, Los Angeles, CA 90003
118 W 87th PL, Los Angeles, CA 90003
118 W 87th PL, Los Angeles, CA 90003
11
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$649,888
Est. payment /mo
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5,362 Sqft Lot
Price Dropped by $49K

118 W 87th PL Los Angeles, CA 90003

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Hailey Potok

Hailey Potok

+1(714) 878-0877

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Tr 337

MLS Listing ID 26658415

HOA Y/N No

Lot Size 5,362 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR3

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

Lot Description Flat

Sewer Other

New Construction No

Others

Senior Community No

Tax ID 6040021018

Financing Cash

Special Listing Condition Standard

Virtual Tour https://www.themls.com/properties/vt/CA/Los-Angeles/118-87th-Pl/LND/26658415

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Listed by Hooman Morvarid Compass #02192053

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Hailey Potok

Hailey Potok

REALTOR® | License ID: 02024094

+1(714) 878-0877

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118 W 87th PL