NOT LISTED FOR SALE

1306 Waterloo St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,265,000 - $2,451,000

7 Beds
3 Baths
2,218 Sq Ft
$865/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $1,625,000 $733 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $11,894/month

67 Days on Market

Highlights

  • Laundry Room
  • Kitchen Island
  • North Facing Home
  • John Marshall Senior High Rated A
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2020

NOW ACCEPTING BACK-UP OFFERS-------Welcome home to this wonderful compound of two large and tastefully remodeled homes nestled in the perfect location in the hills of Echo Park. Perched above the street with views of the Hollywood sign from your front door, 1306 - 1308 Waterloo is at once secluded, quiet, and serene, yet easily accessible (walking distance!) to Mohawk Bend, Tierra Mia Coffee, and all your favorite hot spots. The compound features a 4 BD+1 3/4 BA house & a 3 BD+1 BA House totaling 2,218 SF. The larger front house is perfect for an owner-user, and the rear home can be used for additional income, extended family, a home office, and so much more. Call to schedule a tour today! Central AC & Heat in both homes, on-trend wood and tile flooring, farmhouse kitchen sink w/brass faucet & finishings, amazing lighting fixtures, modern crown moulding, and so much more! Detached 2 car garage, gated parking, separate and private back yards, drought resistant front yard landscapi

Last Agent to Sell the Property

Dana Coronado

Compass License #01746702 Listed on: 12/02/2019

Compass

Co-Listed By

Charlie Coronado

Compass License #01723306

Last Buyer's Agent

Marissa Lefton

Jesse Weinberg License #01966915

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,248

Year Built

  • Built in 1921

Lot Details

  • 7,501 Sq Ft Lot
  • North Facing Home
  • Property is zoned LARD3

Parking

  • 2 Car Garage

Interior Spaces

  • 2,218 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5424-025-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,248

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Welcome home to this wonderful compound of two large and tastefully remodeled homes nestled in the perfect location in the hills of Echo Park. Perched above the street with views of the Hollywood sign from your front door, 1306 - 1308 Waterloo is at once secluded, quiet, and serene, yet easily accessible (walking distance!) to Mohawk Bend, Tierra Mia Coffee, and all your favorite hot spots. The compound features a 4 BD+1 3/4 BA house & a 3 BD+1 BA House totaling 2,218 SF. The larger front house is perfect for an owner-user, and the rear home can be used for additional income, extended family, a home office, and so much more. Call to schedule a tour today! Central AC & Heat in both homes, on-trend wood and tile flooring, farmhouse kitchen sink w/brass faucet & finishings, amazing lighting fixtures, modern crown moulding, and so much more! Detached 2 car garage, gated parking, separate and private back yards, drought resistant front yard landscaping and bougainvillea in the backyard.
  • Alley: Yes
  • Living Area: 2218
  • Probate: No
  • Stories: 1
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Dishwasher: 2
  • Fireplace Rooms: Decorative
  • Bedrooms: 7
  • Common Walls: Detached/No Common Walls
  • Kitchen Features: Island, Remodeled
  • Laundry: Room
  • Total Bathrooms: 2.75
  • Equipment: Dishwasher, Garbage Disposal, Gas Dryer Hookup
  • Price Per S Q F T: 854.37

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • Tennis Court Y/N: No
  • Construction: Wood Frame
  • Construction: Frame and Stucco
  • Pool: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Water Expense: 1300.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1109.00
  • Maintenance Expense: 1500.00
  • Other Expense: 1000.00

Lot Info

  • Assessor Parcel Number: 5424-025-003
  • Geocode Override: No
  • Lot Size Area: 7501

Rental Info

  • Number Leased: 0
  • Monthly Gross Income: 9500.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.62
  • Gross Scheduled Income: 9500.00
  • Gross Spendable Income: 9500.00
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: 2 SFRs

Tax Info

  • Tax Expense: 23688.00

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Mar 6, 2020
Sold by
Gpg Waterloo Llc
Bought by
Altmejd David
Seller's Agent
Dana Coronado
Compass
Buyer's Agent
Marissa Lefton
Jesse Weinberg
List Price
$1,895,000
Sold Price
$1,625,000
Premium/Discount to List
-$270,000
-14.25%
Current Estimated Value
$1,918,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,198
Avg. Annual Appreciation
2.99%

Purchase Details

Closed on
May 17, 2013
Sold by
Tabbush Victor and Tabbush Jennifer G
Bought by
Gpg Waterloo Llc

Purchase Details

Closed on
Feb 25, 2013
Sold by
Tabbush Victor and Tabbush Jennifer
Bought by
Tabbush Victor and Tabbush Jennifer G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2012
Closed on
Jun 5, 2012
Sold by
U S Bank National Association
Bought by
Tabbush Victor and Tabbush Jennifer
Seller's Agent
Chris Serrano
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Claudia Hipolito
Coldwell Banker Realty
List Price
$420,000
Sold Price
$560,000
Premium/Discount to List
$140,000
33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%

Purchase Details

Closed on
Mar 18, 2011
Sold by
Palacio Jose L
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jul 15, 2005
Sold by
Palacio Jose L and Sanchez Christine
Bought by
Palacio Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2004
Sold by
Enriquez Michael and Enriquez Miguel
Bought by
Palacio Jose L

Purchase Details

Closed on
Nov 17, 2003
Sold by
Palacio Mary Lou
Bought by
Palacio Jose L

Purchase Details

Closed on
Mar 30, 2003
Sold by
Enriquez Pablo
Bought by
Palacio Mary Lou
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Altmejd David $1,700,000 Fidelity National Title
Gpg Waterloo Llc -- None Available
Tabbush Victor -- Lawyers Title
Tabbush Victor $560,000 Ticor Title Riverside
Bank Of America National Association $548,340 Servicelink
Palacio Jose L -- Chicago Title Insurance Co
Palacio Jose L -- --
Palacio Jose L -- --
Palacio Mary Lou -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tabbush Victor $418,000
Previous Owner Palacio Jose L $506,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2020 03/13/20 Sold $1,625,000 -14.2% $733 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
12/02/2019 12/02/19 For Sale $1,895,000 +238.4% $854 / Sq Ft
07/05/2012 07/05/12 Sold $560,000 +33.3% $252 / Sq Ft View Prior Sale
04/24/2012 04/24/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $420,000 -- $189 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,248 $1,859,193 $1,312,373 $546,820
2024 $22,248 $1,822,740 $1,286,641 $536,099
2023 $21,814 $1,787,001 $1,261,413 $525,588
2022 $20,794 $1,751,963 $1,236,680 $515,283
2021 $22,243 $1,717,612 $1,212,432 $505,180
2020 $8,732 $698,102 $461,649 $236,453
2019 $8,391 $684,415 $452,598 $231,817
2018 $8,259 $670,996 $443,724 $227,272
2017 $8,078 $657,840 $435,024 $222,816
2016 $7,884 $644,943 $426,495 $218,448
2015 $7,769 $635,256 $420,089 $215,167
2014 $7,804 $622,814 $411,861 $210,953
Source: Public Records

Agents Affiliated with this Home

  • Dana Coronado

    Seller's Agent in 2020

    Dana Coronado

    Compass

    (310) 562-9630

    2 in this area

    38 Total Sales

    Dana Coronado
    Section Image
  • Charlie Coronado

    Seller Co-Listing Agent in 2020

    Charlie Coronado

    Compass

    (323) 841-2911

    49 Total Sales

    Charlie Coronado
    Section Image

  • M

    Buyer's Agent in 2020

    Marissa Lefton

    Jesse Weinberg

    Section Image
  • Chris Serrano

    Seller's Agent in 2012

    Chris Serrano

    Berkshire Hathaway HomeServices California Properties

    (323) 314-0715

    2 Total Sales

    Chris Serrano
    Section Image
  • Claudia Hipolito

    Buyer's Agent in 2012

    Claudia Hipolito

    Coldwell Banker Realty

    (323) 906-2425

    1 in this area

    33 Total Sales

    Claudia Hipolito
    Section Image
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Map

Source: The MLS

MLS Number: 19-533666

The MLS

APN: 5424-025-003

California Los Angeles County Los Angeles 90026 Echo Park

1306 Waterloo St, Los Angeles, CA

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