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4-Bedroom ResidentialIncome — 2986 Waverly Drive, Los Angeles, CA

$1,599,000

2986 Waverly Drive, Los Angeles, CA

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About this property

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
4
Bathrooms
6
Square feet
3,512
Year built
1956
Property type
ResidentialIncome

Location

2986 Waverly Drive • Los Angeles, CA 90039

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Listed by

Richard Stanley · Coldwell Banker Realty