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 is vacant as of 10-27-26. Balcony, retaining wall and seismic retrofits already performed. 4 1-bedroom units, some updated, plus 2 studio units–all 1-bedroom units have A/C. 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 (rented separately) 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
Price:
$1,599,000
MLS #:
26852051
Status:
Active
Beds:
4
Baths:
6
Type:
Single Family
Neighborhood:
c21silverlakeechopark
Listed Date:
Jun 26, 2026
Finished Sq Ft:
3,512
Total Sq Ft:
3,512
Lot Size:
6,934 sqft / 0.16 acres (approx)
Year Built:
1956
See this Listing
Schools
Interior
Appliances
Range, Disposal, Refrigerator, Built-In, Range Hood
Cooling
Electric, Wall/Window Unit(s)
Flooring
Carpet, Wood
Heating
Natural Gas, Gravity, Wall Furnace
Laundry Features
None
Levels
Two
Exterior
Accessibility Features
None
Architectural Style
Mid Century Modern
Common Walls
1 Common Wall
Construction Materials
Frame, Stucco
Covered Spaces
4
Garage Spaces
4
Lot Features
Landscaped, Utilities – Overhead
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Assigned, Covered, Private, Side By Side, Parking Space, Open, RV Potential
Parking Spots
10
Parking Total
10
Roof
Rolled/Hot Mop
Spa Features
None
Stories
2
View
City Lights, Reservoir, Hills, Panoramic
Financial
Map
Community
- Address2986 Waverly DR Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90039
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 32524
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Elysian Valley
- Glen Terrace
- Gramercy Park
- Hacienda Tularosa
- Highland Park Extension
- Hollywood Dell
- Koreatown, Los Angeles
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Los Angeles Southwest C 34
- Lucile Court
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable – 1007242
- Not Applicable-105
- Ocean Park Villa
- Other – 0011
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Pickford Court
- Savoy
- Silver Strand
- Subdivision Name / Tract: 5609
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Westmont WMON
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 11, 2026
4,974
Single Family Listed
105
Avg DOM
529
Avg $ / SqFt
$2,027,348
Avg List Price
Property Summary
- 2986 Waverly DR Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90039. It is listed for $1,599,000 and features 4 beds, 6 baths, and has approximately 3,512 square feet of living space, and was originally constructed in 1956. The current price per square foot is $455. The average price per square foot for Single Family listings in Los Angeles is $529. The average listing price for Single Family in Los Angeles is $2,027,348.
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2986 Waverly DR
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