1016 Waterloo ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24217083
HOA Y/N No
Year Built 1914
Lot Size 7,501 Sqft
Property Description
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!
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD2
Interior
Interior Features Balcony,Main Level Primary
Heating Central
Cooling Central Air
Flooring See Remarks
Fireplaces Type Family Room,Gas
Fireplace Yes
Laundry Common Area
Exterior
Garage Driveway,Paved
Fence Wrought Iron
Pool None
Community Features Street Lights,Sidewalks
View Y/N Yes
View City Lights
Roof Type Composition
Total Parking Spaces 10
Private Pool No
Building
Lot Description Back Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5402029010
Acceptable Financing Cash to New Loan,Conventional,FHA
Listing Terms Cash to New Loan,Conventional,FHA
Special Listing Condition Standard