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$ 649,888
Est. payment /mo
Active
118 W 87th Place Los Angeles, CA 90003
5,362 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL26658415
HOA Y/N No
Lot Size 5,362 Sqft
Acres 0.1231
Property Sub-Type Unimproved Land
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
Zoning LAR3
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
Water Other
New Construction No
Others
Tax ID 6040021018
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