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

118 W 87th Place

^$ 698,888

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Recently Listed

118 W 87th Place

Los Angeles, CA, 90003

^$ 698,888

Studio Baths0.0

Monthly Estimate*

^$ 4,303

Listed by Compass

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

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

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

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

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

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

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

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

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Studio

Lots and Land for sale in Los Angeles, CA

for $698,888. The lot size is 0.1231.

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

0.1231

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26658415

Days on Market

Features

General

Sewer Other

Possession Close Plus 1 Day

Zoning LAR3

View None

Topography Level

County Los Angeles

New Construction false

Property Type Land

HOA false

Subdivision Name TR 337

Full Baths 0

Special Listing Conditions Standard

Status Active

Buyer Financing Cash

Directions Located on West 87th Place between Main St and Broadway. East of the 110 and North of the 105 freeways.

City Los Angeles

Disclosures Seller Disclosure

Senior Community Y/N false

MLS Area C37 - Metropolitan South

Lot Size Units Square Feet

Lot Size Square Feet 5362

Standard Status Active

Occupancy Type Vacant

Interior

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Baths 0

Exterior

Lot Features Flat

Total Parking 0

Lot Size Area 5362

Lot Dimensions 38 x 67

Lot Size Acres 0.1231

Lot Size Source Assessor

* Excluded Features

List By

Compass

Broker

hm@hoomanrealestate.com

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 ^$1,981,484

Percent of Sale Price 184%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

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

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118 W 87th Place, Los Angeles, CA, 90003 is a Lots and Land for sale at $698,888 with a lot size of 0.1231. 118 W 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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118 W 87th Place

Lots and Land for sale in Los Angeles, CA

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