300 Patton Street, Los Angeles, CA 90026

$1,999,999
15
BD
8
BA
4,060
SqFt

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List Price
$1,999,999
Status
ACTIVE
MLS#
26862569
Year Built
1925
Bedrooms
15
Bathrooms
8
Living Sq. Ft
4,060
Lot Size
4,193
Acres
0.10
Days on Market
6
Property Type
Multifamily
Stories
Two Levels

Property 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.

Additional Information

Appliances
Disposal, Microwave, Refrigerator
Pool Description
None
View
City Lights
Sewer
Other
Interior Features
Ceiling Fan(s)
Attached Structure
Detached
Number Of Units Total
8

Listing courtesy of Listing Agent: Erick Uribe (erick@southparkgroup.com) from Listing Office: South Park Group, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.