2986 Waverly DR
Los Angeles, CA, 90039
$1,599,000
4 Beds
6 Baths
3,512 SqFt
0.16 Acres
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MLS #26852051 image #0
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

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
Mid Century ModernC21 – Silver Lake – Echo ParkC21silverlakeechoparkReservoir

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Schools

Interior

Appliances
Range, Disposal, Refrigerator, Built-In, Range Hood
Cooling
Electric, Wall/Window Unit(s)
Flooring
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

Gross Operating Income
$108,758
Net Operating Income
$24,577

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Oct 21, 2026
6,184
Single Family Listed
87
Avg DOM
506
Avg $ / SqFt
$1,886,559
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 $506. The average listing price for Single Family in Los Angeles is $1,886,559.

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2986 Waverly DR
Los Angeles, CA