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Transit-Oriented Development Opportunity in Los Angeles
For Sale
$1,750,000

226 Catalina Street, Los Angeles, CA 90004

Entitled development site near Vermont/Beverly Redline Station.

Days on Market358

Property Features for 226 Catalina Street

General Information

Standard status Active
Listing Agency: EVANISKO REALTY & INVESTMENT
Listed By: FRANCIS EVANISKO
Source: Corcoran
Added: Aug 9, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EVANISKO REALTY & INVESTMENT

Investment Insights

Based on property information with market context.

The Overlook LA development site presents a 7,780 square foot transit-oriented development opportunity. Located 950 feet from the Vermont/Beverly Redline Station entrance, the single lot is currently entitled for 17 apartment units utilizing Transit Oriented Communities (TOC). This project benefits from policy changes supporting affordable housing. The entitled 17-unit TOC project provides a basis for understanding the real estate’s potential, available critical work product, and the capacities of the surrounding supportive infrastructure. This project offers the 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 and can be completed prior to the Olympics. Almost five years of entitlement work required traversing the SNAP Specific Plan, LADBS, and the Housing Department.

Key Highlights

  • Entitled for 17 apartment units utilizing TOC (Transit Oriented Communities).
  • Rare opportunity to break ground immediately, leveraging five years of entitlement work.
  • Located 950 feet from the Vermont/Beverly Redline Station entrance (transit‑oriented).

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store Tanning Salon (Bike/Boat/Book/etc) Store Buffet Restaurant Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,867
Businesses Nearby

Demographics for 90004, CA

58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Entitled development site near Vermont/Beverly Redline Station.
Where is this apartment building located?
The property is located at 226 Catalina Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Entitled for **17 apartment units** utilizing TOC (Transit Oriented Communities).; Rare opportunity to break ground immediately, leveraging five years of entitlement work.; Located **950 feet** from the Vermont/Beverly Redline Station entrance (transit‑oriented).
More about this property
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