118 W 87th Place Los Angeles, CA 90003
Broadway-Manchester NeighborhoodEstimated payment $4,963/month
About This Lot
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
Listing Agent
Keller Williams Luxury Brokerage Phone: 818-585-2758 License #01487871 Listed on: 06/17/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,316
Lot Details
- 8,226 Sq Ft Lot
- Property is zoned LAR3
Property Views
- Neighborhood Views
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 43
- Tax Tract Number 337
- Assessor Parcel Number 6040021018
- $341 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,316 | $593,028 | $416,160 | $176,868 |
| 2024 | $7,316 | $581,400 | $408,000 | $173,400 |
| 2023 | $7,178 | $570,000 | $400,000 | $170,000 |
| 2022 | $5,115 | $410,115 | $229,664 | $180,451 |
| 2021 | $5,049 | $402,074 | $225,161 | $176,913 |
| 2019 | $4,903 | $390,150 | $218,484 | $171,666 |
| 2018 | $4,841 | $382,500 | $214,200 | $168,300 |
| 2016 | $2,601 | $198,052 | $79,216 | $118,836 |
| 2015 | $2,566 | $195,078 | $78,027 | $117,051 |
| 2014 | $2,594 | $191,258 | $76,499 | $114,759 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | For Sale | $805,000 | +41.2% | -- |
| 08/02/2022 08/02/22 | Sold | $570,000 | -1.6% | $381 / Sq Ft |
| 11/10/2021 11/10/21 | Price Changed | $579,000 | -3.3% | $387 / Sq Ft |
| 09/28/2021 09/28/21 | Price Changed | $599,000 | -4.9% | $400 / Sq Ft |
| 09/02/2021 09/02/21 | For Sale | $630,000 | -- | $421 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Provident Title | |
| Grant Deed | -- | -- | |
| Grant Deed | $570,000 | Provident Title | |
| Deed | -- | Provident Title | |
| Quit Claim Deed | -- | Provident Title | |
| Grant Deed | -- | None Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25129029
APN: 6040-021-018
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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