241 N Catalina Street, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:ERA Excel Realty
241 N Catalina Street,Los Angeles, CA 90004
$1,295,000
  • 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:$1,295,000
  • Price per sq. ft.:$753.78

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...

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Home facts

  • Year built:1922
  • Listing ID #:26829703
  • Added:85 day(s) ago
  • Updated:July 29, 2026 at 11:38 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:$1,295,000
  • Price per sq. ft.:$753.78

Features and amenities

  • Laundry features:Outside

Parking

  • Parking description:Door-Multi, Driveway, Garage
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