28 days on rocket

1016 Waterloo St, Los Angeles, CA, 90026

$2,049,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1016 Waterloo St, Los Angeles$2,049,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Paved
Year Built1914
HeatingCentral
CoolingCentral Air
FireplaceFamily Room, Gas
ViewCity Lights
MLS #SR24217083
Lot Size0.17 Acres
StatusActive

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!

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Stories: 2

Listing Office:

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

Interior Features

Interior Information:

  • Flooring Type: See Remarks
  • Interior: Balcony, Main Level Primary
  • Fireplace: Family Room, Gas

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Driveway, Paved

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: West on Sunset then Left on Rosemont Ave, Right on Marathon St and Right on Waterloo St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,049,000

Tax Information:

  • Annual Amount: $6,966
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1016 Waterloo St vs Los Angeles

28 DAYS ON ROCKET

-10 Days

$2,049,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24217083

Listing Office:

  • 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: 11/22/2024, 11:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 06, 2001Home Sold
$255,000
Sep 18, 1995Home Sold
$163,000
Nov 17, 1994Home Sold
$129,000
Dec 19, 1989Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,966$551,166
2020$6,764$545,516
2019$6,126$534,820
2018$5,994$486,334
2017$5,994$476,799

History based on county public records data.

Payment Calculator

$10.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,210

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-589428
4
/10
  • Rosemont Avenue Elementary

  • 421 Rosemont Ave

  • 0.41 miles

  • Public District Grades 2-5

school-card-donut-589429
3
/10
  • Mayberry Street Elementary School

  • 2414 Mayberry St

  • 0.48 miles

  • Public District Grades KG-6

school-card-donut-589430
7
/10
  • Micheltorena Elementary

  • 1511 Micheltorena St

  • 0.93 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,867. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles900261016 Waterloo St

This home is located at 1016 Waterloo St in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This home, which was built in 1914, sits on a 0.17 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $2,049,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

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

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