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1311 Waterloo Street

Los Angeles, CA 90026
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SqFt7,909

Sqft(Lot)

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 de signed 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.

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Detail Ic Property Details

Property Type : Land

Price : $1,195,000

AD Id : 78916911

MLS Id : 26836221

Lot Size : 7,909 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 7909 Lot Size Acres: 0.1816 Lot Size Source: Other Lot Size Square Feet: 7,909 Lot Description: Corners Marked

  • Listing Price Information

    Listing Price: $1195000
    Original Price: $1675000

  • Tax Information

    Parcel Number: 5424023009

  • Location Information

    Direction: Waterloo St & Reservoir St.
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Nearby Home Value

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2252 Aaron Street, Los Angeles, CA, 90026 $599,000 -- -- -- 7,101 Sqft(Lot)
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616 N Alvarado Street, Los Angeles, CA, 90026 $695,000 -- -- -- 5,865 Sqft(Lot)

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ByOwner last updated this listing 08/04/2026 @ 06:19

MLS: 26836221 LISTED BY: Oron Maher, Maher Commercial Realty 310-464-1453 SOURCE: CRMLS

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