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For Sale
$698,888
Est. $3,914/mo118 W 87th Place, Los Angeles, CA 90003
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About this home
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.
infoProperty Facts
landscape
Lot Size
5,362 sqft
timer
Days on Market
8
payments
HOA Fee
N/A
fingerprint
MLS #
26658415
chairInterior Details
garageParking
deckExterior & Lot
Lot & Grounds
Lot Features
Flat
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Mortgage Calculator
Total Monthly
$0
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$0Property Tax:
$0Home Insurance:
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Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Convenience Score
Market Insights
90003 Los Angeles
Estimated Value
Calculating...
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Market Temperature
Seller'sBalancedBuyer's
0d30d60d180d
Balanced
Balanced market
30 Days
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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