1401 Waterloo Street
$1,175,000
4
4
2,369
2,369
$496
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!
- Listed by Joseph Lightfoot • DRE #01234765 • Brokerage DRE #01407690 • Sotheby's International Realty
Property Details for 1401 Waterloo Street
Zoning
LAR3
Parcel Number5424022012
Total Units3.0
Living Area2369
Source Living AreaVendor Enhanced
AreaSilver Lake (671)
Vacancy Rate100
Lot Size Area7626
LISTING UPDATED: 11/19/2024 04:28 PM
Property Details for 1401 Waterloo Street
Status | Active |
---|---|
MLS # | 24-465259 |
Days on Market | 5 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1919 |
Lot Size | 0.18 AC / 7,626 SF |
County | Los 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
Property History for 1401 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 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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