LOCALLA

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For Sale

$649,888

beds · baths

118 87th Pl Los Angeles CA 90003

Land

N/A

N/A

N/A

No HOA

N/A

What's Special

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.

Days On Market: 151

Listing updated: July 31, 2026 at 09:55 PM

Listed by: Hooman Morvarid DRE #02192053, Compass

HM@HoomanRealEstate.com

Source: CLAW    MLS#: 26658415

Features & Facts

Interior

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    MLS

    © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW) as of 9/22/2026, 6:41:52 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    Tony O'Brien DRE #02200838 | The Sher Group DRE #02022464

    Equal Housing Opportunity