1016 Waterloo Street
$2,049,000
9
6
3,328
3,328
$616
Description
Welcome to this beautifully restored Duplex Craftsman home in the heart of Echo Park, where timeless charm meets modern living. This property features two spacious units, each offering its own distinct character and appeal. The first unit, at 1018 Waterloo St., includes 5 bedrooms and 3 bathrooms, boasting a remodeled kitchen with granite countertops, stainless steel appliances, and updated bathrooms. A second-floor terrace offers stunning downtown views, making it the perfect space for relaxation...Welcome to this beautifully restored Duplex Craftsman home in the heart of Echo Park, where timeless charm meets modern living. This property features two spacious units, each offering its own distinct character and appeal. The first unit, at 1018 Waterloo St., includes 5 bedrooms and 3 bathrooms, boasting a remodeled kitchen with granite countertops, stainless steel appliances, and updated bathrooms. A second-floor terrace offers stunning downtown views, making it the perfect space for relaxation or entertaining. The second unit, located at 1016 Waterloo St., is legally listed as a 5-bedroom unit by the tax assessor but currently shows 4 bedrooms and 3 bathrooms. It features an open floor plan with coffered ceilings and craftsman wainscoting, classic details that add warmth and charm to the home. Modern upgrades include abundant recessed lighting and new electrical systems, blending contemporary convenience with vintage appeal. The inviting front porch sets a welcoming tone for the property, ideal for enjoying morning coffee or chatting with neighbors. Inside, both units have floor plans that flow seamlessly. The living room, featuring a gas-burning fireplace framed by a classic mantel and wood details, connects effortlessly to the spacious family room and dining area—perfect for gatherings. The remodeled kitchens in both units maintain their vintage charm while incorporating modern touches, and the updated bathrooms add a luxurious feel. Expansive terraces, part of the 2023 permitted additions, offer breathtaking downtown views, providing the perfect spot to enjoy sunsets. This property is ideal for a growing family or for hosting guests. In a neighborhood where parking is scarce, the secured space for up to 8 cars is a rare and valuable feature. Located in a highly walkable neighborhood (with a 95/100 Walk Score), this home is near Echo Park Lake, Dodger Stadium, Sunset Junction, and just a 5-minute Uber ride to Downtown LA. Delivered without occupants, the units are separately metered, providing flexibility for an owner-occupant or an incredible opportunity for investors to maximize cash flow through rental income. Whether you’re looking for a forever home or a smart investment, this duplex offers the best of both worlds—low-maintenance living in one of LA’s most desirable neighborhoods. Don’t miss the chance to own a piece of Echo Park’s charm with modern conveniences!
- Listed by Allan Vides • DRE #01784562 • Brokerage DRE #01920284 • Realty Executives • 818-339-3153
- Listed by Yadira Sandoval • DRE #01991357 • Brokerage DRE #02098059 • Keller Williams Realty Westside
Property Details for 1016 Waterloo Street
View
City Lights
Parking Spaces Total10
Private PoolNo
Cooling TypeCentral Forced Air
Total Units2.0
Building TypeAttached
Lot Size SourceAssessor
Living Area3328
LISTING UPDATED: 11/12/2024 11:42 AM
Property Details for 1016 Waterloo Street
Status | Active |
---|---|
MLS # | SR24217083 |
Days on Market | 39 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1914 |
Lot Size | 0.17 AC / 7,501 SF |
County | Los Angeles County |
Building Information for 1016 Waterloo Street
Stories2Residences-Year Built1914Building Size-Lot Size0.17 AC / 7,501 SF
Property Information for 1016 Waterloo Street
Property History for 1016 Waterloo Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1016 Waterloo Street
Taxable ValueLand$289,658Additions$295,242Total$584,900
Tax Record2024$7,539 ($628 / month)
Home Facts
Total Finished SqFt3,328 SqFtAbove Grade Finished SqFt3,328 SqFtLot Size7,500 SqFtStyleDuplexYear Built1914ZoningLARD2CountyLOS ANGELESAPN5402-029-010
Schools near 1016 Waterloo Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Camino Nuevo Sandra Cisneros CharterK to 8 | ||
Virgil Middle School Public6 to 8 | ||
Edward R. Roybal Learning Center Public9 to 12 | ||
Miguel Contreras Learning Complex School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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