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

2986 Waverly Drive

^$ 1,599,000

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2986 Waverly Drive

Los Angeles, CA, 90039

^$ 1,599,000

Studio Baths0.0 Sq 3,512

Monthly Estimate*

^$ 10,096

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,599,000. This 3,512 square foot home was built in 1956 on a lot size of 0.16.

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. 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

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Mid Century Modern

Lot Size

0.16

Year Built

1956

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026852051

Features

General

Living Area 3512

Heating Wall Furnace Gravity

Cooling Electric Wall/Window Unit(s)

Roof Rolled/Hot Mop

Zoning LAR1

Architectural Style Mid Century Modern

Pool Features Private

Construction Materials Stucco Frame

Year Built 1956

Tenant Pays Cable TV Electricity Gas

View Panoramic Hills Reservoir City Lights

Levels Two

Accessibility Other

County Los Angeles

New Construction false

Property Type Residential Income

Association Amenities Gas

HOA false

Status Active

City Los Angeles

Entry Location Living Room

Senior Community Y/N false

MLS Area C21 - Silver Lake - Echo Park

Lot Size Units Square Feet

Lot Size Square Feet 6934

Spa Features None

Property Condition Updated/Remodeled

Additional Parcels Y/N false

Structure Type None

Standard Status Active

Year Built Source Assessor

Interior

Flooring Wood

Fireplace Features Bath Blower Fan Kitchen Living Room

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N true

Total Baths 0

Exterior

Parking Features Parking Space RV Potential Side by Side Uncovered None Assigned Covered

Lot Features Landscaped Utilities - Overhead

Lot Size Area 6934

Foundation Details Raised

Spa false

Building Area Total 3512

Lot Size Acres 0.16

* Excluded Features

List By

Richard Stanley

Listing Agent

Coldwell Banker Realty

Broker

rstanley@richardstanleyrealtor.com

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$10,096

Per Month

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

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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.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,900,676

Percent of Sale Price 19%

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

0 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

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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 0.16. 2986 Waverly Drive is a studio with 0.0 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 6/27/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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2986 Waverly Drive

Multi-Family Home for sale in Los Angeles, CA

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