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Monica King
Mobile Phone:
805-550-0603
monica4realestate@gmail.com

DRE# 01229478
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Monica King
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Mobile Phone:
805-550-0603
monica4realestate@
gmail.com

DRE# 01229478
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Buyer Info
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FOR SALE
$3,600,000

351 Patton Street
Los Angeles, CA 90026

Land
Land Lot
0.2673
Acre Lot
Listing Agent: Vincent Truong CalDRE: 02012064 - A + Realty & Mortgage, 626-941-4921
Home> California> Los Angeles> 90026
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. Pattons 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 Pattons potential with ED1s 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!
TR24091934
Land, Other
Los Angeles
0.2673 Acres
Public,See Remarks
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

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Listing Agent: Vincent Truong CalDRE: 02012064 - A + Realty & Mortgage, 626-941-4921
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