226 Catalina Street Los Angeles, CA 90004

Listing office EVANISKO REALTY & INVESTMENT

Listing date Aug 9, 2025

Source Corcoran

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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).

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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 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).