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812 Waterloo Street
Los Angeles, CA 90026


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Property Remarks

We are pleased to present for sale an eight unit multifamily property located in Silver Lake, California. Situated at 812 Waterloo Street, just south of Sunset Boulevard and west of North Alvarado Street, the property is walking distance to Echo Park Lake, the 101 Freeway, and Sunset Boulevard with all of the amenities that come with it. Built in 1963, this two-story building presents an excellent unit mix of five one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, one two-bedroom/two-bathroom unit, and one three-bedroom/two-bathroom unit. This unique property features covered on-site parking, spacious units, gated entry, and balconies in most units.Ideally positioned in a prime Silver Lake location, the subject property presents an excellent opportunity for an investor to acquire a one-of-a-kind property.

Property Details

MLS#
18307630
Days on Market
109
Year Built
1963
Stories
2
Building/Living Area (sq ft)
7,390
Source of SqFt
Vendor Enhanced
Source of Lot Size
Vendor Enhanced

Location

State
CA
County
Los Angeles
Area
Silver Lake - Echo Park (C21)

Presented By:

Listing provided courtesy of Jason Tuvia , Marcus & Millichap


Exterior

Lot Acreage
0
Paved
No
Waterfront
No


Interior

Interior Features
Other

Additional Property Details

Number of Units
8
Parking Spaces
8
Number of Buildings
1
Gross Operating Income
$162,732
Total Expense
$54,515
ADA Compliance
No

AC/Cooling
Air Conditioning
Heating
Wall Heater
Parking
Carport Attached

Silver Lake

The height of laidback cool, Silver Lake is beloved by hipsters and creative types seeking an urban lifestyle.  Silver Lake is dominated by the Silver Lake and Ivanhoe Reservoirs, which give the area its name and are surrounded by a recreation area.

Real Estate: Long on style, Silver Lake real estate embraces styles from Spanish Revival homes built in the 1920s and 1930s to the mid-century Modern homes by some of the great architects of the era including Richard Neutra and John Lautner. Apartments and condos are available in the Sunset Junction area and single-family homes up in the hills often have reservoir and city views.

Community Life: Silver Lake offers all the charms of hip urban life. The cafes and shops of Sunset Junction are always a popular destination for folks all around the city. The Silver Lake reservoir’s two-mile loop is popular with walkers and runners alike. With both LAMill and Intelligentsia in the area among others, great coffee abounds.

Education: Silver Lake is served by the Los Angeles Unified School District and schools in the area include Ivanhoe Elementary, Allesandro Elementary, and Micheltorena Elementary. Private schools include ASA Silver Lake School, St. Francis of Assisi Elementary and St. Teresa of Avila Elementary.

Transportation: Easily accessed by the 101 freeway and the 5 freeway, Silver Lake is conveniently located for easy commuting.

Local Attractions:  Silver Lake was the home of much of the early film industry. Walt Disney’s first large studio was in the area. The neighborhoods are also famous for many pedestrian stairs including the Music Box stairs which played a role in an early Laurel and Hardy movie. 

Community Explorer

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