1401 Waterloo Street

Los Angeles, CA 90026

$1,175,000
Price
4
Beds
4
Baths
2,369 Sq. Ft.
$496 / Sq. Ft.
2,369
Sq. Ft.
$496
per Sq. Ft.

Description

Here's the opportunity you've been waiting for! Three vacant units in one building on a large lot right on the border of Silver Lake and Echo Park. With favorable zoning and many recent examples of successful redevelopment in the neighborhood, this site presents the possibility of a number of different projects. The house itself has some great features, though it will be "heavy lifting" if one wants to remodel instead of rebuild. Tax records show 4 bedrooms, it's more like a total of 3+den+studio....Here's the opportunity you've been waiting for! Three vacant units in one building on a large lot right on the border of Silver Lake and Echo Park. With favorable zoning and many recent examples of successful redevelopment in the neighborhood, this site presents the possibility of a number of different projects. The house itself has some great features, though it will be "heavy lifting" if one wants to remodel instead of rebuild. Tax records show 4 bedrooms, it's more like a total of 3+den+studio. City planning and zoning regulations may not allow conversion to a single family, but the underlying zoning is favorable for multifamily uses. The location is great and the potential is there!
  1. Listed by Joseph Lightfoot • DRE #01234765 • Brokerage DRE #01407690 • Sotheby's International Realty

Property Details for 1401 Waterloo Street

Zoning
LAR3
Parcel Number
5424022012
Total Units
3.0
Living Area
2369
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
100
Lot Size Area
7626
LISTING UPDATED: 11/19/2024 04:28 PM

Property Details for 1401 Waterloo Street

StatusActive
MLS #24-465259
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1919
Lot Size0.18 AC / 7,626 SF
CountyLos Angeles County

Building Information for 1401 Waterloo Street

Stories2Residences-Year Built1919Building Size-Lot Size0.18 AC / 7,626 SF

Property Information for 1401 Waterloo Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Attached
Contract Info
Contract Info
  • Disclosures: As Is, Cautions Call Agent
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1751
  • Lot Size Square Feet: 7626
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 1
  • Open Other Spaces Total: 1
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace, Central
  • Heating Type: Wall, Central
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Shed(s)
Lease Terms
Lease Terms
  • Entry Date: 11-19-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $19,289.00
  • Assessed Improvement Percent: 33.31
  • Assessed Land Value: $38,615.00
  • Assessed Land Percent: 66.69
  • Assessed Total Value: $57,904.00

Property History for 1401 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 1401 Waterloo Street

Taxable ValueLand$39,387Additions$19,674Total$59,061
Tax Record2024$1,111 ($93 / month)
Home Facts
Total Finished SqFt2,369 SqFtAbove Grade Finished SqFt2,369 SqFtLot Size7,624 SqFtStyleQuadraplexYear Built1919ZoningLAR3CountyLOS ANGELESAPN5424-022-012

Schools near 1401 Waterloo Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Mayberry Street Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Gabriella Charter School
CharterK to 8

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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1401 Waterloo Street is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on November 17, 2024 by Sotheby's International Realty, it's currently listed at $1,175,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Mayberry Street Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 1401 Waterloo Street is a 4-bed, 4-bath, 2,369 sqft multi-family home built in 1919.

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 Sotheby's International Realty, Joseph Lightfoot, DRE #01234765

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.