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1305 Waterloo St, Los Angeles, CA 90026

$1,549,000

  • For Sale
  • Active
  • Multi-Family
1305 Waterloo St, Los Angeles, CA 90026View this property at 1305 Waterloo St, Los Angeles, CA 90026
1305 Waterloo StLos AngelesCA90026

Property Description

Marcus & Millichap, as the exclusive listing agent, is pleased to present a four-unit multifamily property located at 1305 Waterloo St. Nestled right in the heart of Echo Park, the property is in walking distance to beautiful Echo Park Lake, which recently went thru a $45mm makeover. This property, built in 1936 consists of 3 separate structures joined by a central courtyard. The unit mix includes a large 4 bedroom 3 bathroom house, a 4 bedroom 1.5 bathroom house, and two 2 bedroom 1 bath units. This property offers huge rental upside potential, as well as potential to improve the courtyard and create a premium amenity for the tenants. In addition, there is a tremendous amount of new development within walking distance including the
Alexan South Echo, a 200 unit apartment building featuring an additional 22,000 SqFt of retail space. ~Important to note that one of the 2 bedroom units can be delivered vacant.

Full Property Details for 1305 Waterloo St

General

  • Price: $1,549,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 16-186684
  • Updated: 4/19/2017
  • Added: 511 day(s) ago

Property History

  • 1305 Waterloo St, Los Angeles, CA
  • Reduced to $1,549,000 on 1/13/17
  • Listed at $1,690,000 on 9/29/16

Interior

  • Interior Features: Other

Parking

  • Parking Type: Parking Space

Location

  • Area: Silver Lake - Echo Park (C21)
  • County: Los Angeles
  • Development Name: Silver Lake - Echo Park (C21)
  • Driving Directions: Located on the corner of Waterloo st. and Reservoir st. 2 blocks from Sunset Blvd/

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Structural Information

  • # Buildings: 3
  • Square Feet: 5,145
  • Year Built: 1936

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1.5
  • Bedrooms: 4

Unit 4

  • Total Bathrooms: 3
  • Bedrooms: 4

Lot Features

  • Lot Size (Sq. Ft.): 7,932
  • Lot Size Source: Vendor Enhanced
  • Zoning: LARD2

Financial Considerations

  • Price Per Sq. Ft.: $301.07

Disclosures and Reports

  • Legal Disclosures: No Property Assessments

Listed by Marcus & Millichap, Joshua Ross - CA DRE: 01918715

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Schools

Schools serving 1305 Waterloo St

School District:
Los Angeles Unified School District
School Name
Grades
Distance
Mayberry Street Elementary School
2414 Mayberry St, Los Angeles, CA 90026
K-6
0.2 mi
Thomas Starr King Middle School
4201 Fountain Ave, Los Angeles, CA 90027
6-8
1.4 mi
Marshall Senior High School
3939 Tracy St, Los Angeles, CA 90027
9-12
2 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 1305 Waterloo St

1305 Waterloo St, Los Angeles, CA 90026 (MLS# 16-186684) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1305 Waterloo St is currently listed for $1,549,000 and was received on September 29, 2016. Want to learn more about 1305 Waterloo St? Do you have questions about finding other Multi-Family real estate for sale in Silver Lake? You can browse all Silver Lake real estate or contact a Coldwell Banker agent to request more information.

Listed by Marcus & Millichap, Joshua Ross - CA DRE: 01918715