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$805,000
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Property Description
Fully RTI Section 8 Affordable Housing Development Project Located In South LA . 11 plus 1 Units. VACANT LAND READY TO BE BUILT ON Back Alley Access Way as well makes it even more convenient and accessible for construction. Proposed New Building Size 8226 SF on 5362 SF Lot Unit Mix (11) 1 Bedroom/1 Bathroom 3 Stories with ADA Approved Units ready for Section 8 No Parking Required Major cross streets 87th and Main St 90003 15 Minutes to USC and 25 to DTLA Walk Score of 73
Full Property Details
Full Property Details for 118 W 87th Pl
General
- Price: $805,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: SR25129029
- Updated: 10/30/2025
- Days on Market: 184 days
- Added to Site: 214 day(s) ago
Location
- Area: C42 - Downtown L.A.
- County: Los Angeles
- Development Name: C42 - Downtown L.A.
- Driving Directions: 405 South to 105 East to 110 north Exit Manchester Ave
Utilities
- Water: See Remarks
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1888
- Lot Size (Sq. Ft.): 8,226
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: Sidewalks
Financial Considerations
- Price Per Sq. Ft.: $97.86
Listed by Keller Williams Luxury, Deborah Moussighi
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Schools
Schools serving 118 W 87th Pl
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Dr. Owen Lloyd Knox Elementary School 8919 Main Street, Los Angeles, CA 90003 | K-5 | 0.2 mi |
Bret Harte Preparatory Middle School 9301 South Hoover Street, Los Angeles, CA 90044 | 6-8 | 0.9 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 W 87th Pl
Date
Details
Price
Change
Source
6/17/2025
Listed
$805,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 118 W 87th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,417
3%
$593,028
4%
2023
$7,178
41%
$570,000
39%
2022
$5,091
1%
$410,115
2%
2021
$5,049
-1%
$402,074
1%
2020
$5,097
4%
$397,952
2%
2019
$4,903
1%
$390,150
2%
2018
$4,841
81%
$382,500
89%
2017
$2,673
3%
$202,012
2%
2016
$2,601
1%
$198,052
2%
2015
$2,566
-1%
$195,078
2%
2014
$2,594
—
$191,258
—
2013
$2,594
—
$190,395
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 W 87th Pl
118 W 87th Place, Los Angeles, CA 90003 (MLS# SR25129029) is a Lots/Land property with a lot size of 0.1888 acres. 118 W 87th Place is currently listed for $805,000 and was received on June 17, 2025. Want to learn more about 118 W 87th Place? Do you have questions about finding other Lots/Land real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

