Description:

WHAT A VALUE! 2 homes for the price of many single-family homes in the area! Welcome to 1306-1308 Waterloo St, 2 spacious detached homes in the heart of Echo Park just above Sunset Blvd and Alvarado St. This multifamily investment opportunity presents you with a unique opportunity to either live at the property or use both homes as investments. With the potential to live in a fantastic location in Prime Echo Park, the owner could rent out the 2nd home to help offset the mortgage payment, Airbnb a unit maybe, or even rent both homes. The front house is 4BR+2BA totaling 1,306 SF and the rear home is 3BR+1BA and 912 SF. The 2 homes are detached (no shared walls), well-kept and have many original wood details and built-ins that add to the charm and style. With open spacious floorplans, beautiful wood and tile flooring, many windows for natural light, and clean finishes, this is a great turnkey opportunity you won’t want to pass up. Both units have washers and dryers with their own laundry rooms. There is also a separate detached garage that could be used as a music studio or office, and additional gated parking accessible through the back alley.
Front House is 1,306 SF - 4BR+2BA
Rear House is 912 SF - 3BR+BA
Detached Garage & Gated Parking via Alley
Fantastic Location in Echo Park Right Above Sunset
92 Wakscore! Walker's Paradise
To Be Delivered 100% Vacant - Move-In Ready!
Tremendously Charming Style and Look
Great Views of Downtown Los Angeles
Large Backyard & Patio Area Perfect for Entertaining
Appx. $8,250/mo in Total Potential Rent
Washer/Dryer Combination in Both Homes
5.14 CAP Rate with a 14.94 GRM

Presented by:

Glenda  Keeney-Gibson

Director

(480) 629-5300

(602) 622-0818

Click here to email

Listed by:

Coronado Real Estate Group