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Permit-Ready Residential Development Parcels
For Sale
$1,195,000

1311 Waterloo St, Los Angeles, CA 90026

Three contiguous subdivided parcels with assignable permits for three four-story residences, plus potential ADU conversions.

Property SizeContact for details
Days on Market83

Property Features for 1311 Waterloo St

General Information

Standard status Active
Property subtype LAND

Additional Details

Multifamily Units 6

Building Details

Stories 4
Listing Agency: Maher Commercial Realty
Listed By: Oron Maher · License #01299093
Source: Rochellemaize
Added: May 19 Changed: Aug 8 Last Checked: Jul 20 at 4:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maher Commercial Realty

Investment Insights

Based on property information with market context.

Located at 1311 Waterloo St in Los Angeles, the offering includes three contiguous, subdivided parcels. The seller has secured fully assignable permits for construction of three large, four-story single-family residences, with plans intended to capture hillside and downtown skyline views.

In addition to the three primary residences, each design includes the potential for lower-level ADU conversion, creating a total of up to six residential units across the three parcels. Permits are described as ready for assignment to a future developer, providing a straightforward path for a buyer to move forward with development planning and construction under the existing entitlement work.

The property is positioned in the Silver Lake / Echo Park corridor, described as near Echo Park Lake, Sunset Junction, Silver Lake’s dining and retail corridor, and Downtown Los Angeles.

Key Highlights

  • Three contiguous subdivided parcels with assignable permits for three four‑story luxury single‑family residences
  • Permits already in hand for all three homes following an extensive multi‑year entitlement and permitting process
  • Each residence is designed with potential lower‑level ADU conversion for up to six total residential units

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm (Bike/Boat/Book/etc) Store Tech Support Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,089
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three contiguous subdivided parcels with assignable permits for three four-story residences, plus potential ADU conversions.
Where is this residential land & home lot located?
The property is located at 1311 Waterloo St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Three contiguous subdivided parcels with assignable permits for three four‑story luxury single‑family residences; Permits already in hand for all three homes following an extensive multi‑year entitlement and permitting process; Each residence is designed with potential lower‑level ADU conversion for up to six total residential units
More about this property
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