NOT LISTED FOR SALE
12 Beds
10 Baths
7,390 Sq Ft
7,203 Sq Ft Lot

Sale Details

Date Sold: June 20, 2018

Last sale price $2,510,000 $340 Per Sq Ft

107 Days on Market

About This Home

As of June 2018

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.

Last Agent to Sell the Property

Jason Tuvia

Marcus & Millichap License #01772495 Listed on: 01/29/2018

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,203 Sq Ft Lot

Interior Spaces

  • 7,390 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Parking

  • 8 Parking Spaces
  • Attached Carport

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5402-027-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

7,203 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7390
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 355.21

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 896790
  • Assessed Land Value: 734208
  • Assessor Parcel Number: 5402-027-012
  • Geocode Override: No
  • Lot Size Area: 7203

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 15.98
  • Number Of Units: 8
  • Type Of Units: Apartments

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
Kim Song and Kim Judy
Bought by

Purchase Details

Closed on
Aug 10, 2023
Sold by
Song Kim
Bought by
Kim Song and Kim Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2018
Closed on
Jun 18, 2018
Sold by
Kim Judy
Bought by
Kim Song
Seller's Agent
Jason Tuvia
Marcus & Millichap
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,700,000
Sold Price
$2,510,000
Premium/Discount to List
-$190,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 29, 2018
Closed on
May 16, 2018
Sold by
812 Waterloo Llc
Bought by
Kim Song
Seller's Agent
Jason Tuvia
Marcus & Millichap
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,700,000
Sold Price
$2,510,000
Premium/Discount to List
-$190,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2014
Sold by
Kunishige Linda
Bought by
812 Waterloo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,359,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2008
Sold by
Taoatao Rosie B and The Taoatao Living Trust
Bought by
Taoatao Rosie B and The Rosie B Taoatao 2008 Living Trust

Purchase Details

Closed on
Jul 1, 2002
Sold by
Taoatao Rosie B and The Taoatao Living Trust
Bought by
Taoatao Rosie B and The Taoatao Living Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Echo Park, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Kim Song -- Ticor Title
Kim Song -- Ticor Title Company
Kim Song $2,510,000 Ticor Title Company
812 Waterloo Llc $1,575,000 Ticor Title Company
Taoatao Rosie B -- None Available
Taoatao Rosie B -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,260,000
Previous Owner Song Kim $756,000
Previous Owner Kim Song $1,377,000
Previous Owner Song Kim $775,000
Previous Owner Kim Song $1,430,000
Previous Owner Kim Song $1,430,000
Previous Owner 812 Waterloo Llc $1,575,000
Previous Owner 812 Waterloo Llc $1,359,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/20/2018 06/20/18 Sold $2,510,000 -4.4% $340 / Sq Ft
03/09/2018 03/09/18 Price Changed $2,625,000 -2.8% $355 / Sq Ft
01/29/2018 01/29/18 For Sale $2,700,000 -- $365 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $35,290 $2,913,064 $1,392,700 $1,520,364
2025 $35,290 $2,855,946 $1,365,393 $1,490,553
2024 $34,850 $2,799,948 $1,338,621 $1,461,327
2023 $34,183 $2,745,048 $1,312,374 $1,432,674
2022 $32,613 $2,691,225 $1,286,642 $1,404,583
2021 $32,198 $2,638,457 $1,261,414 $1,377,043
2019 $31,257 $2,560,400 $1,224,000 $1,336,400
2018 $20,978 $1,663,817 $748,892 $914,925
2016 $19,978 $1,599,018 $719,812 $879,206
2015 $19,694 $1,575,000 $709,000 $866,000
2014 $15,244 $1,170,538 $543,464 $627,074
Source: Public Records

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Map

Source: The MLS

MLS Number: 18-307630

The MLS
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