Properties
Los Angeles, CA 90003 118 W 87th Place
$698,888
3 more
Presented By: Hooman Morvarid with Compass;
Home Details
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.
Presented By: Hooman Morvarid with Compass;
Interior Features for 118 W 87th Place
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths
General for 118 W 87th Place
Buyer FinancingCash
CityLos Angeles
CountyLos Angeles
DirectionsLocated on West 87th Place between Main St and Broadway. East of the 110 and North of the 105 freeways.
DisclosuresSeller Disclosure
Full Baths
HOANo
Lot Size Square Feet5362
Lot Size UnitsSquare Feet
MLS AreaC37 - Metropolitan South
New ConstructionNo
Occupancy TypeVacant
PossessionClose Plus 1 Day
PostalCityLOS ANGELES
Property TypeLand
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameTR 337
TopographyLevel
ViewNone
ZoningLAR3
Exterior for 118 W 87th Place
Lot Dimensions38 x 67
Lot FeaturesFlat
Lot Size Acres0.1231
Lot Size Area5362
Lot Size SourceAssessor
Total Parking0
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
