Nestled in Los Angeles City and in the vibrant community of Echo Park, we are pleased to present 351 and 359 Patton St (APN 5160-004-016 & -017)-an exceptional opportunity for investors or developers seeking a prime development location. Patton s contiguous double lot boasts a combined lot size of 11,643 square feet with R4 base density, offering ample space and flexibility for various development programs such as ED1 (executive directive 1, TOC (transit-oriented communities), DB Density (density bonus), or build by rights! Future developers can utilize the lot area totaling 12,043 SF when accounting for one half of the alley. With a generous by right height allowance of 75 and DB/TOC of 86 , developers may choose to max out Patton s potential with ED1 s streamlined ministerial approval process and build affordable housing on this nearly flat lot. Take advantage of favorable site conditions such as transformers/poles located across the street, paved alley, and numerous new multifamily developments in its immediate vicinity. With rising costs of construction and hard costs, a great way to hedge is to purchase an optimal site with limited shoring and excavating required. 351-359 Patton is also clear of any oil wells, environmental roadblocks, and tenant relocations conditions. AB 2097 also offers developers the chance to limit or eliminate parking requirements. Inquire today about how to make Echo Park a safe and thriving community!
Property Details
Price:
$3,600,000
MLS #:
TR24091934MR
Status:
Active
Baths:
0
Address:
351 Patton ST
Type:
Land
Neighborhood:
silverlakeechopark
City:
LOS ANGELES
Listed Date:
May 7, 2024
State:
CA
Schools
Interior
Exterior
Financial
See this Listing
Mortgage Calculator
Map
Community
- Address351 Patton ST LOS ANGELES CA
- AreaSilver Lake – Echo Park
- CityLOS ANGELES
- CountyLos Angeles
Similar Listings Nearby
- 1517 W 8th St
Los Angeles, CA$3,995,000
1.24 miles away
- 6219 Banner Ave
Los Angeles, CA$3,600,000
4.18 miles away
- 1786 N Spring ST
LOS ANGELES, CA$3,300,000
2.08 miles away
- 2333 Nottingham Ave
Los Angeles, CA$3,250,000
3.94 miles away
- 4420 S Broadway
Los Angeles, CA$3,150,000
4.53 miles away
- 240 S Normandie AVE
LOS ANGELES, CA$2,800,000
2.38 miles away
- 1637 S VERMONT AVE
LOS ANGELES, CA$2,600,000
2.50 miles away
- 1801 N Normandie Ave
Los Angeles, CA$2,550,000
3.52 miles away
Courtesy of Vincent Truong at A + Realty & Mortgage. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-05-20.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-05-20.
351 Patton ST
LOS ANGELES, CA
LIGHTBOX-IMAGES