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300 Patton Street

Los Angeles, CA 90026

$1,999,999

| 4,060 sq. ft.

Status: Active Area: C21 - Silver Lake - Echo Park

Year Built: 1925 MLS#: 26862569

Description

300 Patton Street is an eight-unit multifamily property in the Echo Park neighborhood of Los Angeles that is on the market for the first time since 2016. The property consists of one (1) 1-bed/1bath and seven (7) 2-bed/1-bath units on a corner lot. Built in 1925, the property has been professionally managed and modernized over the last 10 years. The 8 units are situated on a 4,193 SF lot at the corner of Patton St. and Court St., within walking distance to coffee shops, restaurants and Echo Park Lake. The property's proximity to Downtown Los Angeles and some of the most popular points of interest on the eastside ensures strong rental demand and upside for the foreseeable future. This opportunity affords buyers with the ability to expand their portfolio in one of Los Angeles' most popular rental markets. With approved plans for two ADUs included in the sale, the new owner will be able add value immediately.

Features

Appliances: Disposal, Microwave, Refrigerator

Heating: N/A

Cooling: N/A

Structure Type: Other

Association Amenities: N/A

Pool Descriptions: None

Price/sqft: $493

Parking Spaces: 3

Total Floors: N/A

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.