Price
$ 1,549,000

1305 WATERLOO Street, Los Angeles, CA 90026  

1305 WATERLOO Street, Los Angeles, CA 90026  

Marcus & Millichap, as the exclusive listing agent, is pleased to present a four-unit multifamily property located at 1305 Waterloo St. Nestled right in the heart of Echo Park, the property is in walking distance to beautiful Echo Park Lake, which recently went thru a $45mm makeover. This property, built in 1936 consists of 3 separate structures joined by a central courtyard. The unit mix includes a large 4 bedroom 3 bathroom house, a 4 bedroom 1.5 bathroom house, and two 2 bedroom 1 bath units. This property offers huge rental upside potential, as well as potential to improve the courtyard and create a premium amenity for the tenants. In addition, there is a tremendous amount of new development within walking distance including the Alexan South Echo, a 200 unit apartment building featuring an additional 22,000 SqFt of retail space.  Important to note that one of the 2 bedroom units can be delivered vacant.

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Listing Type
Multi-Family
Listing ID
16186684
Lot Size
7,932.00 sqft
Listing Status
Active
Year Built
1936
County
Los Angeles
Floors
2
Units
4
Zoning
LARD2
TaxID
5424023010
Listing courtesy of Joshua Ross~Marcus & Millichap
Price History
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Date Event Change Price
1/13/2017 Price change $-141,000 (-8.3%) $1,549,000
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    Listing Information Provided By:
    RE/MAX PACIFIC PROPERTIES
    2001 Artesia Blvd Unit 103 Redondo Beach, CA 90278-3085 | Phone: (310) 970-4000
    RE/MAX PACIFIC PROPERTIES is licensed in the state of California CalBRE License #: 00908095
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.