3417 S Catalina Street, Los Angeles, CA 90007

$980,000 Approx. USD 0 beds, 0 baths

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Brochure

Photo of Michael Tunick

Marketed By Michael Tunick REALTOR® - Sales Associate 323-646-3893 m
818-386-9007 f
Lic#: 01321406
NRDS ID: 175512407
mtunick@bhhscal.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

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Agent Remarks

We are pleased to present 3417 South Catalina Street, a USC-adjacent infill development site located within the USC Patrol Zone. The property is currently improved with a leased single-family home, providing in-place rental income while a buyer advances entitlements and finalizes a development program.The site is R3-zoned, offering the opportunity for higher-density residential development through multiple paths. A recently prepared conceptual feasibility study illustrates the potential for an ED1 / 100% affordable strategy, envisioning a 25-unit student-housing-oriented program with a five-story + podium configuration and nine (9) vehicle parking spaces (conceptual Buyer to verify).The property is currently managed by Stuho, the largest private USC student housing operator, who has identified a lower-density value-add strategy including duplex conversion of the existing SFR, an attached ADU, and new rear ADU development targeting $208,800 in gross potential rent allowing a buyer to retain the existing improvements and increase density incrementally. 3417 S. Catalina offers investors and developers a rare combination of current income and meaningful entitlement upside in one of the most proven student housing markets in the country.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS.The subject property is being offered in conjunction with the adjacent parcel located at 34163418.5 Walton Avenue. Together, these offerings provide investors with enhanced flexibility to pursue a range of development and value-add strategies. The properties are available for acquisition individually or together.

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# 26793247

List price is $980,000 Reduced by $170,000 on 5/21/2026

Price: $980,000

Beds: 0

Baths: 0

0.13 acres

Lot size: 0.1312

County: Los Angeles

Zoning: R3-1-CPIO