2986 Waverly Drive Los Angeles, CA ^$ 1,599,000

2986 Waverly Drive

^$ 1,599,000

Back to search

Recently Listed

2986 Waverly Drive

Los Angeles, CA, 90039

^$ 1,599,000

Bedrooms4 Baths2.0 Sq 3,512

Monthly Estimate*

^$ 10,096

Listed by Coldwell Banker Realty

2986 Waverly Drive, Los Angeles, CA 90039 - Image 1

2986 Waverly Drive, Los Angeles, CA 90039 - Image 2

2986 Waverly Drive, Los Angeles, CA 90039 - Image 3

2986 Waverly Drive, Los Angeles, CA 90039 - Image 4

2986 Waverly Drive, Los Angeles, CA 90039 - Image 5

2986 Waverly Drive, Los Angeles, CA 90039 - Image 6

2986 Waverly Drive, Los Angeles, CA 90039 - Image 7

2986 Waverly Drive, Los Angeles, CA 90039 - Image 8

2986 Waverly Drive, Los Angeles, CA 90039 - Image 9

2986 Waverly Drive, Los Angeles, CA 90039 - Image 10

2986 Waverly Drive, Los Angeles, CA 90039 - Image 11

2986 Waverly Drive, Los Angeles, CA 90039 - Image 12

2986 Waverly Drive, Los Angeles, CA 90039 - Image 13

2986 Waverly Drive, Los Angeles, CA 90039 - Image 14

2986 Waverly Drive, Los Angeles, CA 90039 - Image 15

2986 Waverly Drive, Los Angeles, CA 90039 - Image 16

2986 Waverly Drive, Los Angeles, CA 90039 - Image 17

2986 Waverly Drive, Los Angeles, CA 90039 - Image 18

2986 Waverly Drive, Los Angeles, CA 90039 - Image 19

2986 Waverly Drive, Los Angeles, CA 90039 - Image 20

2986 Waverly Drive, Los Angeles, CA 90039 - Image 21

2986 Waverly Drive, Los Angeles, CA 90039 - Image 22

2986 Waverly Drive, Los Angeles, CA 90039 - Image 23

2986 Waverly Drive, Los Angeles, CA 90039 - Image 24

2986 Waverly Drive, Los Angeles, CA 90039 - Image 25

2986 Waverly Drive, Los Angeles, CA 90039 - Image 26

2986 Waverly Drive, Los Angeles, CA 90039 - Image 27

2986 Waverly Drive, Los Angeles, CA 90039 - Image 28

2986 Waverly Drive, Los Angeles, CA 90039 - Image 29

2986 Waverly Drive, Los Angeles, CA 90039 - Image 30

Multi-Family Home for sale in Los Angeles, CA

for $1,599,000 with 4 bedrooms and 2 full baths. This 3,512 square foot home was built in 1956 on a lot size of 0.1592.

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!

Multi-Family Active

Price

^$ 1,599,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1592

Year Built

1956

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26852051

Days on Market

Features

General

Living Area 3512

Sewer Other

Heating Gravity Natural Gas Wall Furnace

Cooling Electric Wall/Window Unit(s)

Utilities Overhead Utilities

Possession Close Of Escrow

Roof Rolled/Hot Mop

Appliances Built-In Disposal Range Refrigerator Range Hood

Zoning LAR1

Garage Spaces 4

Patio/Porch Features Deck

Architectural Style Mid-Century Modern

Pool Features None

Construction Materials Frame Stucco

Pets Allowed No

Year Built 1956

Tenant Pays Cable TV Electricity Gas

View City Lights Hills Panoramic Reservoir

Stories Count 2

Levels Two

Gross Income 108758

Accessibility None

County Los Angeles

Net Operating Income 24577

New Construction false

Property Type Residential Income

HOA false

Attached Garage true

Garage Y/N true

Full Baths 0

Special Listing Conditions Standard

Status Active

Buyer Financing Cash

Directions Corner of Avenel.

City Los Angeles

Disclosures Easement(s) Earthquake Insurance Available Rent Control

Entry Location Living Room

Senior Community Y/N false

Open Parking Spaces 6

Number Of Units Total 6

MLS Area C21 - Silver Lake - Echo Park

Lot Size Units Square Feet

Lot Size Square Feet 6934

Number of Units Leased 6

Listing Terms Cash

Spa Features None

Property Attached Y/N true

Property Condition Updated/Remodeled

Additional Parcels Y/N false

Rent Control Y/N true

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Interior

Interior Amenities Walk-In Closet(s)

Flooring Wood

Fireplace Features Blower Fan Bath Gas Kitchen Living Room

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features None

Total Bedrooms 4

Total Baths 6

Exterior

Parking Features Assigned Covered Private RV Potential One Space Side By Side Uncovered

Lot Features Landscaped

Total Parking 10

Lot Size Area 6934

Foundation Details Raised

Number of Buildings 1

Spa false

Building Area Total 3512

Lot Size Acres 0.1592

Private Pool false

Lot Size Source Assessor

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

* Excluded Features

List By

Coldwell Banker Realty

Broker

rstanley@richardstanleyrealtor.com

Affordability Calculator

$10,096

Per Month

Monthly Principal & Interest: $10,096
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,872,248

Percent of Sale Price 17%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/27/2026	$1,599,000		Listed Price

Map

More homes like this one

homes for you

See all

2986 Waverly Drive, Los Angeles, CA, 90039 is a Multi-Family Home for sale at $1,599,000 with 3,512 sqft and a lot size of 0.1592. 2986 Waverly Drive has 4 bedrooms, 2.0 baths, and was built in 1956. The property's zip code is 90039 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 7/9/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

2986 Waverly Drive

Multi-Family Home for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home