720 Waterloo Street 4, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 3 bath
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Los Angeles, California 90026
This Condominium represents a Strong Value Opportunity, listed at $725,000—positioned well below the $735,721 Fair Market Value by 1%. This valuation gap offers $10,721 in Instant Equity for the buyer. Featuring a recently remodeled kitchen and a private two-car garage, the property maintains a Condition Rating of 3. While sold as-is, its proximity to Echo Park and Downtown Los Angeles provides significant lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-located urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 720 Waterloo Street 4 Subject | $725,000* List Price | 2 | 3 | 1,152 | $639 | - |
A 1615 Echo Park Avenue 11 Sold | $925,000 | 2 | 3 | 1,320 | $701 | 0.9 mi |
B 705 Micheltorena Street Sold | $850,000 | 2 | 2 | 1,269 | $670 | 0.8 mi |
C 746 N Dillon Street Sold | $807,000 | 3 | 2 | 1,150 | $702 | 0.7 mi |
D 249 N Bonnie Brae Street 1 Sold | $675,000 | 3 | 2 | 1,138 | $593 | 0.3 mi |
E 2612 Marathon Street 1/2 Sold | $620,000 | 2 | 2 | 759 | $817 | 0.3 mi |
F 3415 1/2 Bellevue Avenue Pending | $625,000 List Price | 3 | 3 | 1,242 | $503 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1984 (40 years old), the kitchen has been recently remodeled with brand new cabinetry and quartz countertops (<5y reno). The property is functional and move-in ready, though the presence of window AC units suggests older mechanical systems, and the 'as-is' status indicates original condition in non-remodeled areas.
The property boasts an exceptional location with close proximity to Downtown Los Angeles, Echo Park Lake, and Sunset Junction, offering high walkability and lifestyle appeal.
A recently remodeled kitchen featuring brand new cabinetry and quartz countertops provides a contemporary aesthetic and immediate value-add for the buyer.
The unit includes a rare two-car garage with an automatic gate and a private stairway leading directly into the living area, ensuring both security and convenience.
The property is being sold in as-is condition, which may signal the need for undisclosed repairs or further capital improvements beyond the kitchen area.
Constructed in 1984, the property may require updates to its three bathrooms and core mechanical systems to align with the modern standards of the renovated kitchen.
Close proximity to Downtown Los Angeles, Echo Park lake and Sunset Junction. Two car garage underneath with automatic gate entrance. Private stairway from the garage to the living room and kitchen. Kitchen was recently remodeled with brand new cabinetry, quartz countertop. Property sold as-is
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-1 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,152 | 1,138 | 67% |
| Lot Size | 14,311 | 7,003 | 60% |
| Price | $725.0K | $805.0K | 47% |
| Price per sq ft | $629 | $795 | 13% |
| Built year | 1984 | 1931 | 80% |
| HOA | $375.0 | $350 | 60% |
| Days on market | 14 | 124 | 7% |
Jun 2, 2026
$725,000
Initial Listing