4-Bedroom Residential Income - 2986 Waverly Drive, Los Angeles, CA

$1,599,000

2986 Waverly Drive, Los Angeles, CA

2986 Waverly Drive, Los Angeles, CA 90039 - $1,599,000 · 4 bd 6 ba Multi-Family Home for Sale, photo 3

2986 Waverly Drive, Los Angeles, CA 90039 - $1,599,000 · 4 bd 6 ba Multi-Family Home for Sale, photo 4

2986 Waverly Drive, Los Angeles, CA 90039 - $1,599,000 · 4 bd 6 ba Multi-Family Home for Sale, photo 5

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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!

Property details

Bedrooms

Bathrooms

Square feet

3,512

Year built

1956

Property type

Residential Income

Lot size

6,934 sqft

Location

2986 Waverly Drive • Los Angeles, CA 90039

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Listed by

Richard Stanley · Coldwell Banker Realty

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Closed sales reported in 90039, nearest first, last 12 months. All recent sales in Los Angeles →