NOT LISTED FOR SALE

1342 Waterloo St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,229,000 - $1,744,000

3 Beds
3 Baths
2,339 Sq Ft
$625/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $1,350,000 $577 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,055/month

Highlights

  • Wood Flooring
  • Views
  • Accessible Parking
  • John Marshall Senior High Rated A
  • Living Room
  • Wrought Iron Fence

About This Home

As of September 2022

Got some elbow grease? This Craftsman Triplex with stunning views is a fixer, ready for your spin on what to call home. The front building has two side-by-side character units with some original details, including oversized front door, and a comfortable porch to enjoy the evening breezes, and the sunset. The detached rear unit was renovated some time in the mid 20th century, and thus lends itself more to modern tastes. All units are 2 bed/1 bath, and will be delivered vacant at close of escrow. Property can be accessed from the alley in the rear to accommodate parking for multiple vehicles. This unique multi-family home represents a great opportunity to live in one unit and collect market rent on two others to offset mortgage expense. This Centrally located neighborhood is only a mile and a half to Dodger Stadium, 3 miles from the Civic Center, and minutes to Downtown. Whether you're looking to sip coffee at Ladybird, have a drink at the Gold Room, or groove to the next biggest sound at Echoplex, this cool pocket of Echo Park is only missing one thing. And that would be you. Cash, hard money, or construction loans only. SELLER FINANCING AVAILABLE.

Last Agent to Sell the Property

Stephen Aranda

Equity Smart Real Estate Services License #01435884 Listed on: 07/22/2022

Last Buyer's Agent

Howard Li

Swofe Realty License #01893884

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,913

Year Built

  • Built in 1907

Lot Details

  • 7,498 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence

Home Design

  • Triplex
  • Shingle Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,339 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Urban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 5424025010

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Valley

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,913

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5424025010
  • Year Built: 1907
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Accessibility Features: Parking, See Remarks
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 639.16
  • Room Type: Living Room, Kitchen

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Valley, Urban

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7498.00
  • Lot Size Acres: 0.1721

Multi Family

  • Lot Size Area: 7498.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 54

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Sep 16, 2022
Sold by
Thatcher Eric and Thatcher Kathleen
Bought by
9Ine Dogs Llc
Seller's Agent
Stephen Aranda
Equity Smart Real Estate Services
Buyer's Agent
Howard Li
Swofe Realty
List Price
$1,495,000
Sold Price
$1,350,000
Premium/Discount to List
-$145,000
-9.7%
Current Estimated Value
$1,460,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,826
Avg. Annual Appreciation
2.55%
Original Mortgage
$650,000
Outstanding Balance
$620,397
Interest Rate
5.13%
Mortgage Type
Seller Take Back
Estimated Equity
$840,429

Purchase Details

Closed on
Nov 9, 2016
Sold by
Thatcher Eric
Bought by
Thatcher Eric and Thatcher Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.42%
Mortgage Type
New Conventional
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
9Ine Dogs Llc $1,350,000 First American Title Company O
Thatcher Eric -- Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 9Ine Dogs Llc $650,000
Previous Owner Thatcher Eric $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2022 09/13/22 Sold $1,350,000 -9.7% $577 / Sq Ft
08/11/2022 08/11/22 For Sale $1,495,000 +10.7% $639 / Sq Ft
08/02/2022 08/02/22 Off Market $1,350,000 -- --
07/22/2022 07/22/22 For Sale $1,495,000 -- $639 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $16,913 $1,404,540 $1,040,400 $364,140
2024 $16,913 $1,377,000 $1,020,000 $357,000
2023 $16,585 $1,350,000 $1,000,000 $350,000
2022 $6,023 $490,600 $386,600 $104,000
2021 $5,939 $480,981 $379,020 $101,961
2020 $5,994 $476,050 $375,134 $100,916
2019 $5,764 $466,717 $367,779 $98,938
2018 $5,680 $457,567 $360,568 $96,999
2016 $5,411 $439,802 $346,568 $93,234
2015 $5,333 $433,197 $341,363 $91,834
2014 $5,367 $424,713 $334,677 $90,036
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Stephen Aranda

    Equity Smart Real Estate Services

    Section Image

  • H

    Buyer's Agent in 2022

    Howard Li

    Swofe Realty

    (213) 290-3363

    1 in this area

    3 Total Sales

    Howard Li
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-10595

Pasadena-Foothills Association of REALTORS®

APN: 5424-025-010

California Los Angeles County Los Angeles 90026 Echo Park

1342 Waterloo St, Los Angeles, CA

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