#WS24220212, TRAVIS ELY, Listing Office: TRAVIS ELY
$10,000
closing credit¹
1016 Waterloo St Los Angeles, CA 90026
Property details
About 1016 Waterloo St
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!
Highlights
Summary
- MLS Number: SR24217083
- MLS Name: CRMLS
- Office Name: Realty Executives
- Office Phone: (818) 339-3153
- Listing Agent: Allan Vides
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 5:00:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,999,999
1016 Waterloo St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 06, 2001 | Home Sold | $255,000 |
Sep 18, 1995 | Home Sold | $163,000 |
Nov 17, 1994 | Home Sold | $129,000 |
Dec 19, 1989 | Home Sold | $240,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $584,900 | $7,539 |
2023 | $573,432 | $7,399 |
2022 | $562,189 | $7,066 |
2021 | $551,166 | $6,966 |
2020 | $545,516 | $6,764 |
2019 | $534,820 | $6,126 |
2018 | $486,334 | $5,993 |
2017 | $476,799 | $5,993 |
History based on county public records data.
Nearby schools
4
Rosemont Avenue Elementary
Public District 2-5
0.4 mi
•421 Rosemont Ave
3
Mayberry Street Elementary School
Public District KG-6
0.5 mi
•2414 Mayberry St
7
Micheltorena Elementary
Public District KG-5
0.9 mi
•1511 Micheltorena St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,867. Typical income of Los Angeles, CA residents is less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 1016 Waterloo St in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $1,999,999.
In December 2024 more than 524 listings in Los Angeles, CA were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 740 were sold below. The inventory of homes for sale in Los Angeles, CA between November and December 2024 decreased by 5.3%. The median list price of listings available in December 2024 was $1,026,634, while the average time on the real estate market was 41 days.