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241 N Catalina StreetLos Angeles, CA 90004

Single Family · 3 Beds · 2 Full Baths · 1,718 Sq. ft. | 0.17 Acres
$1,300,000 Active

241 N Catalina Street Overview

Time on Site:
54 days
Visits:
0

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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241 N Catalina Street Facts & Features

  • Type Single Family
  • Sq. ft. 1,718
  • Price/Sq.ft. $757
  • Lot 0.17 Acres

Details

General

Building Information

  • Year Built: 1922

Location/Region

  • Country: US
  • County Or Parish: Los Angeles

General Information

  • Parcel Number: 5518018020
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: LAR3

Interior

Parking Information

  • Garage: true

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Partial: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Total: 1718
  • Building Area Units: Square Feet

General Information

  • Fireplace Features: None
  • Fireplace: false
  • Flooring: Laminate
  • Laundry Features: Other
  • Levels: One Story
  • Living Area: 1718
  • Living Area Units: Square Feet
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Other
  • Parking Total: 0

Lot Information

  • Lot Size Acres: 0.1703
  • Lot Size Area: 0.1703
  • Lot Size Square Feet: 7420
  • Lot Size Units: Acres

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: false

    General Information

    • Carport: false
    • Pool Features: None
    • Pool Private: false

    241 N Catalina Street Neighborhood

    Community

    90004 (Los Angeles) Demographics

    35
    Median Age
    20,047
    Population Density (per sq. mile)
    41%
    College Educated
    $52,775
    Estimated Median Income
    3,781
    Estimated Total Home Owners
    18,747
    Estimated Total Renters
    17% / 83%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    241 N Catalina Street Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    241 N Catalina Street Market Data

    Based on the last 30 days in this zip code

    $2,458,221
    Average List Price
    $935
    Average Price per Square Foot
    7
    Properties Sold
    96
    Average Days on Market
    270
    Properties for Sale
    Calculations provided by Reliance Network

    241 N Catalina Street History

    Date Event Value Agent
    6/16/2026Source: bridgeMLS Price Reduction
    $1,300,000 -3.7%
    6/16/2026Source: CRMLS Price Reduction
    $1,300,000 -3.7%
    5/6/2026Source: CRMLS Added to Database
    May 06, 2026
    5/6/2026Source: bridgeMLS Added to Database
    May 06, 2026
    Listing provided courtesy of Keller Williams Beverly Hills- MLS# CL26829703MLS Provider