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Listed price in listed location currency (USD).
$1,350,000

320

MLS® 26829703

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1718 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 
Approx. Age 1922
Avg. Price Per Sqft $785
MLS® Number 26829703

Property Address: 241 N Catalina St, Los Angeles, CA, 90004-4677

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number26829703
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1922
Basement
DrivewayDoor Multi, Driveway, Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 6, 2026List Date
$1,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
241 N Catalina St, Los Angeles, CA

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