241 N Catalina Street, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
241 N Catalina Street,Los Angeles, CA 90004
$1,350,000
- 3 Beds
- 2 Baths
- 1,718 sq. ft.
- Single family
- Active
Listed by: daniel shamooelian
Office: keller williams beverly hills310-432-6400
MLS#:26829703
Source:CRMLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$785.8
About this home
We are pleased to present for sale an exceptional development opportunity in the heart of Koreatown. Located at 241 N Catalina Street, this R3-1 zoned property offers significant potential for increased density. The 7,417 SF lot (approximately 50' x 148') allows for the development of up to 9 units by right, with the potential to build up to 21 units utilizing TOC incentives (buyer to verify). The property is improved with an existing single-family residence that will be delivered vacant at closing, with no tenant relocation or RSO requirements. Property is currently permitted and licensed for residential care / group living use, offering additional operational or income potential (buyer to verify). Situated within a Qualified Opportunity Zone, the property may offer additional tax advantages for investors (buyer to verify). The site may also be well-suited for a 100% affordable housing development opportunity under ED1 guidelines (buyer to verify). Centrally located just blocks from the Vermont/Beverly Metro station, the site offers excellent access to public transportation, as well as nearby retail, dining, and neighborhood amenities. Seller is open to flexible escrow terms, making this an ideal opportunity for developers seeking time to pursue entitlements....
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Home facts
- Year built:1922
- Listing ID #:26829703
- Added:5 day(s) ago
- Updated:May 12, 2026 at 10:23 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate
- Living area:1,718 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1922
- Building area:1,718 sq. ft.
- Lot area:0.17 Acres
- Levels:1 Story
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$785.8
Features and amenities
- Laundry features:Outside
Parking
- Parking description:Door-Multi, Driveway, Garage
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