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    226 Catalina St Los Angeles, CA 90004

    For Sale
    $1,750,000

    Entitled development site near Vermont/Beverly Redline Station.

    Property Features for 226 Catalina St

    General Information

    Standard status
    Active

    Source: EVANISKO REALTY & INVESTMENT Agent FRANCIS EVANISKO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Transit-Oriented Development Opportunity in Los Angeles

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.29525
    Latitude
    34.07004

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    FAQs

    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 St 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).
    Request Owner's contact information
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    Los Angeles, CA 90004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    226 Catalina St Los Angeles, CA 90004
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