241 N Catalina St, Los Angeles, CA 90004
241 N Catalina St, Los Angeles, CA 90004
241 N Catalina St, Los Angeles, CA 90004
24
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$1,300,000
Est. payment /mo
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3 Beds
2 Baths
1,718 SqFt
Price Dropped by $50K

241 N Catalina St Los Angeles, CA 90004

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Jasmin Conner

Jasmin Conner

+1(310) 628-4801

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,718 sqft

Price per Sqft $756

MLS Listing ID 26829703

Style Country English

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1922

Lot Size 7,420 Sqft

Acres 0.1703

Property Sub-Type Single Family Residence

Property 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.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms Other, GuestHouse

Dining Room 0

Interior

Heating Central

Cooling Central, Air Conditioning

Flooring Laminate

Fireplaces Type None

Equipment Other

Laundry Outside

Exterior

Parking Features Garage - 2 Car, Driveway

Pool None

View Y/N No

View None

Building

Architectural Style Country English

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Beverly Hills

NEARBY SCHOOL & BUSINESS

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241 N Catalina St