$10,000

closing credit¹

1016 Waterloo St Los Angeles, CA 90026

$1,999,999
0.2 acres
Multi-Family

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

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1722 Acres
Year built1914
ParkingDriveway, Paved
MLS #SR24217083
FireplaceFamily Room, Gas
ViewCity Lights

Summary

  • MLS Number: SR24217083
  • MLS Name: CRMLS
  • Office Name: Realty Executives
  • Office Phone: (818) 339-3153
  • Listing Agent: Allan Vides

IDX 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.

Get an agent. Get a mortgage. Save big.¹

view of front of home featuring covered porch

$1,999,999

1016 Waterloo St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

53%
<35k
41%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
16%
Single, with Kids
14%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
32%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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