1311 Waterloo St , Los Angeles, CA 90026
$1,195,000
Est. Payment: $6,013.05/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 28
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

We are proud to present a rare and highly flexible luxury residential development opportunity located in the heart of the Silver Lake / Echo Park corridor. The property consists of three contiguous subdivided parcels with assignable permits already in hand for the construction of three large four-story luxury single family residences, each thoughtfully designed to capture spectacular hillside and downtown skyline views.After an extensive multi-year entitlement and permitting process, the seller has secured fully assignable permits for all three homes, representing a tremendous value-add to a future developer by potentially saving multiple six figures in soft costs, consultant fees, carrying costs, entitlement expenses, and years of development time and risk. Each residence has also been designed with the potential for lower-level ADU conversion, creating the opportunity for a total of six residential units across the three parcels. This provides a buyer with multiple highly attractive exit strategies including building and selling three luxury single family homes individually, creating duplex-style resale configurations with ADUs, constructing a long-term luxury rental portfolio, or selling a portion of the project while retaining one or more parcels for future appreciation and cash flow. Located just moments from Echo Park Lake, Sunset Junction, Silver Lake's renowned dining and retail corridor, and Downtown Los Angeles, the property sits in one of the city's most vibrant and culturally influential hillside neighborhoods. Future residents will enjoy close proximity to some of Los Angeles' hottest restaurants, boutique retail destinations, nightlife venues, cafes, hiking trails, and creative hubs, all while benefiting from spectacular hillside positioning and convenient central access to DTLA, Hollywood, and the Westside. This is an exceptionally rare opportunity to acquire three contiguous permit-ready luxury development parcels in one of Los Angeles' most supply-constrained and trend-setting residential markets.

Highlights

Listed by Oron Maher , 310-464-1453 Maher Commercial Realty , 310-464-1453. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
0.18

County

Los Angeles

Area

C21 - Silver Lake - Echo Park

Listing ID

26836221

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:0

Exterior Features

Lot:Corners Marked,No Land Lease
Garage Capacity:0
Zoning:LARD2
Principal Interest
$6,013
Taxes
$762

Home Price

$1,195,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$239,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,013.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,013.05 $761.81 $0.00 $6,774.86
Yearly $72,156.61 $9,141.75 $0.00 $81,298.36
Total $2,164,698.39 $274,252.50 $0.00 $2,438,950.89

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T08:36:43.000Z

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