REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$649,888

Est. payment - /mo

5,362 Sqft Lot

Save Virtual Tour

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Tr 337

MLS Listing ID 26658415

HOA Y/N No

Lot Size 5,362 Sqft

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 C37 - Metropolitan South

Zoning LAR3

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

Lot Description Flat

Sewer Other

New Construction No

Others

Senior Community No

Tax ID 6040021018

Financing Cash

Special Listing Condition Standard

Virtual Tour https://www.themls.com/properties/vt/CA/Los-Angeles/118-87th-Pl/LND/26658415

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Hooman Morvarid Compass #02192053

Nearby School & Business

Get More Information

Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

118 W 87th PL Los Angeles, CA 90003

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information