855 Waterloo St, Los Angeles, CA 90026
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855 Waterloo St Los Angeles, CA 90026

$1,299,999
  • 6 Beds
  • 5 Baths
  • 3,461 Sq.Ft.
For Sale
$1,299,999 Get Pre-Qualified

Map preview of 855 Waterloo St, Los Angeles, CA 90026

Property Overview: 855 Waterloo St Los Angeles, CA has 6 bedrooms, 5 bathrooms, 3,461 living square feet and 5,292 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Location! Location! Location! Welcome to this Diamond in the Rough. This 4 unit Craftsman style property consists of two buildings. Home on Waterloo has a 2 BA/1 BA down stairs and a 2 BA/2BA upstairs. The building on Marathon (Over Garages are both 1BA/1BA. This Property is wonderfully located in the Echo Park/ Silverlake area next to the best restaurants, venues, and the trendy hot spots. Great for an owner occupied buyer or experienced Investor looking for a Value Add Opportunity in one of the HOTTEST locations in Los Angeles.

Listed by Rexie Dumagan | BRE #01748222 | Gotham Realty
Last checked: 12 seconds ago | Last updated: August 9th, 2024 | Source CRMLS | DOM: 61

Home details

Lot Sq. Ft
5,292
HOA Dues
$0/mo
Year built
1908
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
P1-18506
City
Los Angeles
County
Los Angeles
Time on Site
64 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $795
  • Total Rent: $795
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,548
  • Total Rent: --
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $884
  • Total Rent: --
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Total Rent: --
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $40,540
  • Net Operating Income: $28,696
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,563
  • Trash: $2,594
  • Insurance: $1,100
  • Water/Sewer: $1

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Property Details for 855 Waterloo St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • Has Fence
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre, Sprinklers None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5402028012
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: Corner of Waterloo and Marathon
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 855 Waterloo St

View property's historical transactions
  • July, 2024

  • Jul 16, 2024

    Date

    Active

    CRMLS: P1-18506

    $1,299,999

    Price

  • December, 2023

  • Dec 15, 2023

    Date

    Expired

    CRMLS: P1-13457

    $1,299,999

    Price

  • May 3, 2023

    Date

    Active

    CRMLS: P1-13457

    $1,299,999

    Price

  • Listing provided courtesy of CRMLS

    Investors and/or developers dream. Per Zimas zoning and planning initiatives such as AB 2334, ED1 and Density Bonus may apply. Nestled in a highly desirable pocket of Silverlake/Echo park, on the corner or Waterloo and Marathon, is a chance to own a 2 building 4 unit fixer. Property has 4 separate attached garages and approximately 3000+ Sq ft. of living space! Building on Waterloo is a a two story Craftsman built in 1908. The first floor consists of 2 BD 1 BA and 2nd floor consists of 2 BD 2 BA . The building on Marathon was built 1939 and consists of two 1 BD 1 BA. Whether you want to rehab, remodel, or develop this diamond in the rough, several possibilities are within reach for the right buyer! Blocks away from the famous Sunset Blvd. Wide, nicely paved streets, without the hillside frustrations. Do not disturb tenants.

  • February, 2020

  • Feb 13, 2020

    Date

    Canceled

    CRMLS: P0-819005506

    $1,150,000

    Price

  • Feb 11, 2020

    Date

    Price Change

    CRMLS: P0-819005506

    $1,150,000

    Price

  • Dec 16, 2019

    Date

    Active

    CRMLS: P0-819005506

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Location! Location! Location! Corner lot. First time on Market in over 30 years. Fourplex living area perfect for owner occupied rental. Plenty of space.All units are occupied. Please do NOT DISTURB TENANTS. for more information

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Tax History for 855 Waterloo St

Assessed Value (2020): $330,557
Year Land Value Improved Value Assessed Value
2020 $167,143 $163,414 $330,557

Home Value Compared to the Market

This property vs the competition

855 Waterloo St is listed 8.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $375.61 per/sqft which puts the price per square foot 51.09% lower than the median price per square foot for the city of Los Angeles.

About 855 Waterloo St

Detailed summary of property

855 Waterloo St is a multi family located in Los Angeles, CA 90026 and is currently for sale. This multi family property offers 6 bedrooms, 5 bathrooms, roughly 3,461 living square feet, and sits on an approximately 5,292 square foot lot. 855 Waterloo St was first listed on ArdentRealEstateGroup.com on July 16, 2024. The homeowner is currently asking $1,299,999. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 8.33% higher than the median priced home. Local competing homes currently for sale include 811 N Vendome St, 833 N Vendome St and 122 N Rampart Blvd. While the average home in Los Angeles, CA is selling in 106 days, 855 Waterloo St has a days on market of 61 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 855 Waterloo St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 855 Waterloo St

Public county record property details
Beds
6
Baths
4
Year built
1939
Sq. Ft.
3,461
Lot Size
5,292
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5402-028-012

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.