Active

807 Waterloo Street

Los Angeles, CA 90026
Mark as Favorite
SqFt12,613

Sqft(Lot)

801-807 Waterloo Street is a fully entitled affordable housing development site in the heart of Echo Park. Two adjacent parcels totaling 12,613 square feet. Approved entitlements for 131 income-restricted units and letter of Compliance already in hand. The plan calls for a seven-story mid-rise using Type III over Type I construction. At roughly 65,000 buildable square feet, the unit mix breaks down to 84 singles and 47 one-bedrooms. A rooftop deck, multiple open recreation areas, and space for supportive services are built into the design. The 50% design development plan package is included, and the Welfare Tax Exemption is already BOE-approved. Both are significant time and cost advantages for a buyer ready to move. On pricing, $23,091 per buildable unit is the number that stops people. A mission-driven developer or nonprofit can acquire a fully entitled 131-unit affordable project in one of the most transit-connected neighborhoods in LA for a fraction of what it costs to assemble and entitle from scratch. The location supports it. Walk Score of 89. Six-minute walk to Sunset Boulevard. 1.3 miles to the Metro B Line. 2.5 miles to Downtown LA. The site sits within the Silver Lake-Echo Park-Elysian Valley Community Plan area, surrounded by the kind of neighborhood density (restaurants, transit, employment) that drives lease-up velocity for affordable housing. The rental demand picture in Echo Park is not speculative. New developments are moving in the corridor right now: 176 units at 2225 W Sunset, 74 units at 3004 W Sunset, 90 units at 355 Glendale. Supply is coming but it is not catching up. Income-restricted product at this location will not sit.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $3,025,000

AD Id : 76268056

MLS Id : 26667183

Lot Size : 12,613 Sqft(Lot)

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bathroom Information

    Total Baths: 0 Full Baths: 0 Half Baths: 0

    Water/Sewer

    Sewer: Other

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2896
  • Lot Size Source: Assessor Lot Size Square Feet: 12613

  • Listing Price Information

    Original List Price: 3,025,000 Listing Contract Date: 2026-03-19
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5402028022

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C21 - Silver Lake - Echo Park Postal Code Plus 4: 4039 Directions: South of Sunset Blvd Zoning: LARD1.5 Source Property Type: Land Area: C21 - Silver Lake - Echo Park
Sell a home like this and save $181,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Avon Place, Los Angeles, CA, 90026 $2,000,000 -- -- -- 49,177 Sqft(Lot)
1941 Delta St., Los Angeles, CA, 90026 $515,000 -- -- -- 6,467 Sqft(Lot)
2252 Aaron Street, Los Angeles, CA, 90026 $645,000 -- -- -- 7,101 Sqft(Lot)
734 Echo Park Avenue, Los Angeles, CA, 90026 $1,050,000 -- -- -- 18,364 Sqft(Lot)
163 N Edgeware Road, Los Angeles, CA, 90026 $1,595,000 -- -- -- 4,778 Sqft(Lot)
1415 W Court Street, Los Angeles, CA, 90026 $1,900,000 -- -- -- 12,045 Sqft(Lot)
1311 Waterloo Street, Los Angeles, CA, 90026 $1,675,000 -- -- -- 7,909 Sqft(Lot)
616 N Alvarado Street, Los Angeles, CA, 90026 $695,000 -- -- -- 5,865 Sqft(Lot)
419 N Lake Street, Los Angeles, CA, 90026 $3,575,000 -- -- -- 12,011 Sqft(Lot)
2113 W Court Street, Los Angeles, CA, 90026 $1,100,000 -- -- -- 6,654 Sqft(Lot)

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/12/2026 @ 19:48

MLS: 26667183 LISTED BY: Benjamin J. Hsiang, Realty Investment Advisors, Inc. SOURCE: CRMLS

Selling? Save $181,001 when you sell a home like this

Tour with a ByOwner Agent