118 W 87th Pl, Los Angeles, CA 90003
118 W 87th Pl, Los Angeles, CA 90003
118 W 87th Pl, Los Angeles, CA 90003
118 W 87th Pl, Los Angeles, CA 90003
118 W 87th Pl, Los Angeles, CA 90003
118 W 87th Pl, Los Angeles, CA 90003
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Armand Martin

Armand Martin

+1(661) 221-5011
$ 649,888
Est. payment | /mo

5,362 Sqft Lot

Save Virtual Tour
$ 649,888
Est. payment | /mo
Save Virtual Tour

5,362 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Tr 337

MLS Listing ID 26658415

Lot Size 5,362 Sqft

Acres 0.1231

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

Area Metropolitan South

Zoning LAR3

Exterior

Waterfront Description None

View Y/N No

View None

Building

Lot Description Fenced, Redevelopment Area, Single Lot

Sewer In Street

Water In Street

Others

Special Listing Condition Standard

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Listed by Compass

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Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com

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118 W 87th Pl