Active

1016 Waterloo ST

LOS ANGELES CA, 90026

$2,049,000


$615.69 per sqft

Active

9 Beds

6 Baths

3,328 sqft

Multi-family

Built in 1914

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!

SR24217083MR

MLS ID

October 24, 2024

Listed

November 22, 2024

Updated

Map

1016 Waterloo ST
LOS ANGELES CA, 90026

Interior Features

Total Stories

2


Bedrooms

9


Total Bathrooms

6


Laundry Description

Laundry Area


Fireplace

Yes


Fireplace Description

Family Room, Gas


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.17 Acres


Roof

Composition


Sewer

Public Sewer

Other Property Details

Area Name

Silver Lake - Echo Park


Days on Market

19


Garage

No


Parking

Driveway


Parking Total

10


View

Yes


View Description

City Lights


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LARD2

Listing History

Date

Event

Price

11/13/2024

Price change

$2,049,000

-5%

10/25/2024

Active

Listed by Allan Vides with Realty Executives
Listing Contact: 818-270-9332 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Alyssa Valentine + Anselm Clinard | CA DRE# 01517618 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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