226 N Catalina St Los Angeles, CA 90004
Koreatown NeighborhoodEstimated payment $10,838/month
Highlights
- Panoramic View
- No HOA
- Rectangular Lot
About This Lot
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.
Listing Agent
Evanisko Realty & Investment Brokerage Phone: 213-200-6957 License #01790747 Listed on: 08/08/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $15,857
Lot Details
- 7,781 Sq Ft Lot
- Rectangular Lot
- Level Lot
- Density is up to 1 Unit/Acre
- Property is zoned R3-1
Property Views
- Panoramic
- City Lights
- Mountain
- Hills
- Neighborhood
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 31 / 5
- Tax Tract Number 3247
- Assessor Parcel Number 5518025005
- $549 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Exterior Lighting
- Rain Gutters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,857 | $1,301,434 | $952,563 | $348,871 |
| 2024 | $15,857 | $1,275,917 | $933,886 | $342,031 |
| 2023 | $15,557 | $1,250,900 | $915,575 | $335,325 |
| 2022 | $14,845 | $1,226,373 | $897,623 | $328,750 |
| 2021 | $14,654 | $1,202,327 | $880,023 | $322,304 |
| 2020 | $14,802 | $1,190,400 | $871,000 | $319,400 |
| 2019 | $6,182 | $482,440 | $264,857 | $217,583 |
| 2018 | $6,049 | $472,989 | $259,664 | $213,325 |
| 2016 | $5,764 | $454,239 | $249,582 | $204,657 |
| 2015 | $5,683 | $447,417 | $245,834 | $201,583 |
| 2014 | $5,722 | $438,654 | $241,019 | $197,635 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $1,750,000 | +47.1% | -- |
| 07/26/2019 07/26/19 | Sold | $1,190,000 | 0.0% | $381 / Sq Ft |
| 05/17/2019 05/17/19 | Pending | -- | -- | -- |
| 03/22/2019 03/22/19 | For Sale | $1,190,000 | -- | $381 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,190,000 | Westminster Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $364,000 | Chicago Title Co | |
| Grant Deed | -- | First American Title Ins Co | |
| Trustee Deed | $273,791 | First American Title Ins Co | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Grant Deed | $255,000 | First American Title Co | |
| Gift Deed | -- | First American | |
| Corporate Deed | $165,000 | First American Title Co | |
| Trustee Deed | $101,500 | Chicago Title Co | |
| Gift Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $893,000 | New Conventional | |
| Previous Owner | $350,000 | Negative Amortization | |
| Previous Owner | $291,110 | No Value Available | |
| Previous Owner | $245,042 | FHA | |
| Previous Owner | $140,500 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25179028
APN: 5518-025-005
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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