In Los Angeles, paid permits are not a detail. They are a two-year head start.
Maher Commercial Realty presents 1311–1315 Waterloo Street in Echo Park — three parcels totaling 7,674 square feet, priced at $1.675 million, with approvals already in hand and hillside engineering, shoring, and retaining walls already complete.
The entitlements give the buyer a choice:
▶ Build three luxury view homes with ADU potential
▶ Build six hillside multifamily units
Two distinct exit strategies. One permitted, engineered site. Zero entitlement timeline.
In this video, Oron Maher, Broker-Director at Maher Commercial Realty, explains why paid permits in Los Angeles can save developers up to two years — and why multiple profitable exit strategies on a single hillside site at this price point is a combination that rarely reaches the open market.
For developers and investors active in the Echo Park and Silver Lake corridor, this is the kind of opportunity that closes before most buyers finish their due diligence checklist.
📍 Maher Commercial Realty — Beverly Hills. Development land and multifamily investment across Greater Los Angeles.
📩 DM “WATERLOO” for plans, permits, and pricing before this goes public. Or visit mahercr.com to connect with our team.
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