$1,599,000
 $8,584 est/mo Sourced by Back At You

2986 Waverly Drive,Los Angeles, CA 90039

Los Angeles, CA 90039

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Description

Newer-paved parking lot and exterior paint and color scheme refresh this 6-unit apartment that enjoys a prime Silver Lake/Los Feliz location handy to the Hyperion/Rowena commercial hub and Silver Lake Reservoir recreation. One unit to be delivered vacant after 7-31-2026. Balcony, retaining wall and seismic retrofits already performed. There are 4 1-bedroom units, some updated, and 2 studio units. Some units have hardwood flooring and views of the surrounding hills, Downtown and Silver Lake itself. Newer roof, soft-story and retaining wall upgrades. 2 double garages plus off-street, uncovered tenant parking. Quiet corner site near Ivanhoe School and public library. Great long-term, possibly development, potential. A rare opportunity to be sure!

Details

MLS #26852051
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1956
Days On Site120
Listing Provided ByColdwell Banker Realty | Richard Stanley

Features

Bed(s)4
Bath(s)6
SQ Feet3,512
Garage4
Story(s)2
Units6
Building(s)1
ZoningLAR1
Acreage0.16
Property ViewYes

Interior

CoolingElectric, Wall Window Units
HeatingGravity, Natural Gas, Wall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesWalk In Closets
AppliancesBuilt In, Disposal, Range, Refrigerator, Range Hood
Fireplace Yes / NoYes

Exterior

RoofRolled Hot Mop
Construction MaterialsFrame, Stucco
Foundation DetailsRaised
Lot FeaturesLandscaped

Parking

Attached Garage Yes / NoYes
Parking FeaturesAssigned, Covered, Private, Rv Potential, One Space, Side By Side, Uncovered
Garage Yes / NoYes

Utilities

UtilitiesOverhead Utilities
SewerOther

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90039
AreaC21 Silver Lake Echo Park
Listing VS Median (in 90039)
Price:
$1,599,000
low | high
Med:
$1,037,000
85.146966854284% of Average
sqft:
3,512
low | high
Med:
1,614
100% of Average
$ / sqft:
$455
low | high
Med:
$643
8.751401216113% of Average
On site:
120
low | high
Med:
85.5
100% of Average
Sourced by Back At You

Market Activity 90039

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90039
AreaC21 Silver Lake Echo Park
Listing VS Median (in 90039)
Price:
$1,599,000
low | high
Med:
$1,037,000
85.146966854284% of Average
sqft:
3,512
low | high
Med:
1,614
100% of Average
$ / sqft:
$455
low | high
Med:
$643
8.751401216113% of Average
On site:
120
low | high
Med:
85.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.199M - $1.998M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
2470 Micheltorena Street Property Photo 1
$1,849,000
2470 Micheltorena Street
Los Angeles, CA 90039
2681 Glendale Boulevard Property Photo 1
$1,795,000
2681 Glendale Boulevard
Los Angeles, CA 90039
Listing Updated: September 29, 2026 at 2:06:15 AM PDT