1016 Waterloo Street

Los Angeles, CA 90026

$2,049,000
Price
9
Beds
6
Baths
3,328 Sq. Ft.
$616 / Sq. Ft.
3,328
Sq. Ft.
$616
per Sq. Ft.

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!
  1. Listed by Allan Vides • DRE #01784562 • Brokerage DRE #01920284 • Realty Executives • 818-339-3153
  2. Listed by Yadira Sandoval • DRE #01991357 • Brokerage DRE #02098059 • Keller Williams Realty Westside

Property Details for 1016 Waterloo Street

View
City Lights
Parking Spaces Total
10
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3328
LISTING UPDATED: 11/12/2024 11:42 AM

Property Details for 1016 Waterloo Street

StatusActive
MLS #SR24217083
Days on Market39
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1914
Lot Size0.17 AC / 7,501 SF
CountyLos 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

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 8
  • Tax Tract Number: 195...
  • Tax Census Tract: 1957.10
  • CFD/Mello-Roos Fee: $522
  • Tax Lot: 10
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Interior Features: Balcony
  • Room Type: Kitchen, Living Room, Main Floor Primary Bedroom
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: Family Room, Gas
  • Fireplace Rooms: Family Room, Gas
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: See Remarks
  • Virtual Tour URL Unbranded: https://www.hshprodmls2.com/1016waterloost
Exterior Features
  • Roof: Composition
  • Entry Location: Front
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Electric: 220 Volts
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway, Paved
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Pro Forma: 7000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Pro Forma: 7000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1016 Waterloo Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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1016 Waterloo Street is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on October 24, 2024 by Realty Executives, it's currently listed at $2,049,000. It has been on the market for a total of 39 days and was last sold on December 6, 2001. This listing's school district is Los Angeles Unified School District. Nearby schools include Camino Nuevo Sandra Cisneros, Virgil Middle School and Edward R. Roybal Learning Center. 1016 Waterloo Street is a 9-bed, 6-bath, 3,328 sqft multi-family home built in 1914.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Executives, Allan Vides, DRE #01784562; Keller Williams Realty Westside, Yadira Sandoval, DRE #01991357

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.