Los Angeles, CA 90004,226 N Catalina ST
Los Angeles, CA 90004,226 N Catalina ST
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Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$1,750,000
Est. payment /mo
7,779 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25179028

HOA Y/N No

Lot Size 7,779 Sqft

Property Description

The Overlook LA Development site is a 7,780 SF transit-oriented single lot development opportunity. The site is 950 feet from the entrance to the Vermont/Beverly Redline Station and is currently entitled for 17 apartment units utilizing TOC.

While perhaps contrarian to lead with the TOC entitlement based on the market's feverish rush to produce affordable housing leveraging compelling policy changes (of which this property is certainly also the beneficiary of), we believe the entitled 17-unit TOC project provides the most holistic basis for understanding the real estate's potential, the available critical work product, and the capacities of the surrounding supportive infrastructure. Not to mention, it is a rare opportunity to break ground now - allowing a builder to take advantage of five years of entitlement work.

The project is at the perfect stage to pass the baton…speaking of which, this project can be completed prior to the Olympics…made possible by almost five years of entitlement work leading to this point which required a traverse of the SNAP Specific Plan, LADBS, and the Housing Department.

Location

State CA

County Los Angeles

Area Krea - Koreatown

Zoning R3-1

Interior

Fireplace No

Exterior

Community Features Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Urban

View Y/N Yes

View City Lights, Hills, Mountain(s), Neighborhood, Panoramic

Building

Lot Description 0-1 Unit/Acre, 16-20 Units/Acre, 11-15 Units/Acre, 2-5 Units/Acre, 21-25 Units/Acre, 26-30 Units/Acre, 36-40 Units/Acre, 31-35 Units/Acre, 6-10 Units/Acre, Level, Rectangular Lot

Water Public

New Construction No

Others

Senior Community No

Tax ID 5518025005

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Francis Evanisko Evanisko Realty & Investment 213-200-6957

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Ivanhoe Elementary

    Public | KG - 5

  • 9

    Citizens of the World Charter

    Public | KG - 8

  • 9

    Equitas Academy Charter

    Public | KG - 5

  • 9

    Gabriella Charter

    Public | KG - 8

  • 8

    3rd Street Elementary School

    Public | KG - 5

  • 8

    Larchmont Charter

    Public | KG - 12

  • 8

    Queen Anne Place Elementary School

    Public | KG - 5

  • 8

    Los Feliz STEMM Magnet School

    Public | KG - 6

  • 8

    Hoover Street Elementary

    Public | KG - 5

  • 8

    Franklin Avenue Elementary

    Public | KG - 5

  • 8

    Clifford Street Math & Technology Magent

    Public | KG - 6

  • 8

    Allesandro Elementary School

    Public | PK - 5

  • 7

    Cheremoya Avenue School

    Public | PK - 6

  • 7

    Hollywood Primary Center

    Public | KG - 3

  • 7

    Dr. Sammy Lee Medical and Health Science Magnet

    Public | KG - 5

  • 7

    Equitas Academy Charter #2

    Public | 5 - 8

  • 6

    Wilshire Park Elementary

    Public | KG - 5

  • 6

    Van Ness Avenue Elementary

    Public | KG - 5

  • 6

    Kim Elementary School

    Public | KG - 5

  • 6

    Cahuenga Elementary School

    Public | KG - 5

Middle Schools 20
  • 8

    Rise Kohyang Middle School

    Public | 6 - 8

  • 7

    Alliance Gertz-Ressler Richard Merkin 6-12 Complex

    Public | 6 - 12

  • 6

    John Burroughs Middle School

    Public | 6 - 8

  • 6

    Virgil Middle School

    Public | 6 - 8

  • 6

    Thomas Starr King Middle School

    Public | 6 - 8

  • 6

    New Designs Charter

    Public | 6 - 12

  • 5

    Pico Pico Middle School

    Public | 6 - 8

  • 4

    Magnolia Science Academy 5

    Public | 6 - 12

  • 4

    Bancroft Middle School

    Public | 6 - 8

  • 4

    Joseph Le Conte Middle School

    Public | 6 - 8

  • 4

    RFK Community Schools - Ambassador School of Global Leadership

    Public | 6 - 12

  • 4

    Los Angeles Academy of Arts & Enterprise Charter

    Public | 6 - 12

  • 4

    Vista Charter Middle School

    Public | 6 - 8

  • 4

    Alliance College-Ready Middle Academy No. 12

    Public | 6 - 8

  • 2

    Monsenor Oscar Romero Charter Middle School

    Public | 6 - 8

  • 1

    Johnnie Cochran Jr. Middle School

    Public | 6 - 8

  • 1

    Apex Academy

    Public | 7 - 12

  • 1

    Berendo Middle School

    Public | 6 - 8

  • 1

    Young Oak Kim Academy

    Public | 6 - 8

  • 1

    John Liechty Middle School

    Public | 6 - 8

High Schools 20
  • 9

    Alliance Dr. Olga Mohan High School

    Public | 9 - 12

  • 9

    Downtown Business High School

    Public | 9 - 12

  • 8

    John Marshall High School

    Public | 9 - 12

  • 7

    Math and Science College Preparatory

    Public | 9 - 12

  • 7

    Frederick Douglass Academy High School

    Public | 9 - 12

  • 7

    STEM Academy of Hollywood

    Public | 9 - 12

  • 7

    Central City Value

    Public | 9 - 12

  • 7

    Camino Nuevo High No. 2

    Public | 9 - 12

  • 7

    Alliance College-Ready Academy High No. 16

    Public | 9 - 12

  • 6

    Usc Hybrid High School

    Public | 9 - 12

  • 5

    Hollywood High School

    Public | 9 - 12

  • 5

    Belmont Sh-la Teacher Preparatory Academy

    Public | 9 - 12

  • 5

    Camino Nuevo Charter High School

    Public | 9 - 12

  • 5

    Roybal Learning Center

    Public | 9 - 12

  • 4

    RFK Community Schools - Los Angeles High School of the Arts

    Public | 9 - 12

  • 4

    Miguel Contreras Learning Complex - School of Business & Tourism

    Public | 9 - 12

  • 3

    Los Angeles High School

    Public | 9 - 12

  • 3

    Belmont High School

    Public | 9 - 12

  • 3

    Miguel Contreras Learning Complex - Academic Leadership Community

    Public | 9 - 12

  • 2

    Miguel Contreras Learning Complex - School of Global Studies

    Public | 9 - 12

School and business data provided by Attom Data.

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Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

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