118 West 87th Place Los Angeles, CA ^$ 698,888

118 West 87th Place

^$ 698,888

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Recently Listed

118 West 87th Place

Los Angeles, CA, 90003

^$ 698,888

Studio Baths0.0

Monthly Estimate*

^$ 4,303

118 West 87th Place, Los Angeles, CA 90003 - Image 1

118 West 87th Place, Los Angeles, CA 90003 - Image 2

118 West 87th Place, Los Angeles, CA 90003 - Image 3

118 West 87th Place, Los Angeles, CA 90003 - Image 4

118 West 87th Place, Los Angeles, CA 90003 - Image 5

118 West 87th Place, Los Angeles, CA 90003 - Image 6

118 West 87th Place, Los Angeles, CA 90003 - Image 7

118 West 87th Place, Los Angeles, CA 90003 - Image 8

Studio

Lots and Land for sale in Los Angeles, CA

for $698,888. The lot size is 0.12.

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.

Lots and Land Active

Price

^$ 698,888

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

0.12

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026658415

Features

General

Zoning LAR3

County Los Angeles

New Construction No

Property Type D

HOA No

Status Active

City Los Angeles

Senior Community Y/N No

MLS Area Metropolitan South

Lot Size Units Square Feet

Lot Size Square Feet 5362.0

Standard Status Active

Exterior

Water Source None

Lot Size Area 5362.0

Lot Dimensions 38 x 67

Lot Size Acres 0.12

Land Lease Type Fee

Interior

Total Baths 0

* Excluded Features

List By

Hooman Morvarid

Listing Agent

Compass

Broker

Affordability Calculator

$4,303

Per Month

Monthly Principal & Interest: $4,303
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Los Angeles, CA

Average List Price ^$1,903,077

Percent of Sale Price 172%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/3/2026	$698,888		Listed Price

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118 West 87th Place, Los Angeles, CA, 90003 is a Lots and Land for sale at $698,888 with a lot size of 0.12. 118 West 87th Place is a studio with 0.0 baths. The property's zip code is 90003 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/3/2026. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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118 West 87th Place

Lots and Land for sale in Los Angeles, CA

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