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  • 241 N Catalina Street

241 N Catalina Street, Los Angeles, CA 90004

$1,295,000 Approx. USD 3 beds, 2 baths
1,718 sqft

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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTOR® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com Text Me
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Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
Phone: 805-687-2666
Fax: 805-563-0053
 Santa Barbara 3868 State St
Santa Barbara, CA 93105
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Listing Agent


Daniel Shamooelian | daniel@dsrealestate.com
Lic#: 01984269
Broker: Courtesy of Keller Williams Beverly Hills
Phone: 310-651-1800

Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 26829703
List price is $1,295,000 Reduced by $5,000 on 7/9/2026
Price: $1,295,000
Beds: 3
Baths: 2 (2 full)
None fireplaces
Built in 1922
1,718 sqft
1 story
0.17 acres
Lot size: 0.1703
County: Los Angeles
Zoning: LAR3
Parking description: Door-Multi,Driveway,Garage
Heating/cooling: Central Air
Heating description: Central
MLS area: C17 - Mid-Wilshire
Furnished: Unfurnished

Last Updated: 7/16/2026

 Days On Market (DOM): 75

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This listing belongs to the C17 - Mid-Wilshire MLS area

Lat/Long: 34.075724, -118.295798.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTOR® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com Text Me
Call My Cell
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
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