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Millman Team Real Estate

$1,599,000
4 Bed
6 Bath
3,512 Sqft
0.16 Acre Lot

2986 Waverly Drive, Los Angeles, California 90039

  • Residential Income Property Type
  • 3,512 Sqft Square Footage
  • One Space Cars Garage
  • 1956 Year Built
Property Description

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!

Basic Details
Residential Income
For Sale
26852051
$1,599,000
City Lights, Hills, Panoramic, Reservoir
4
6
3,512 Sqft
1956
0.16 Acre
Active
1
: Rolled/Hot Mop
Features
: None
: Wall Furnace, Natural Gas, Gravity
: Electric, Wall/Window Unit(s)
: Living Room, Gas, Bath, Kitchen, Blower Fan
: Deck
: One Space, Private, Side By Side, Covered, Assigned, Uncovered, RV Potential
: Mid-Century Modern
: Wood
: Walk-In Closet(s)
: None
: Other
: Overhead Utilities
$0
Appliances
: Disposal, Refrigerator, Range Hood, Built-In, Range
Address Map
CA
Los Angeles
Los Angeles
90039
Waverly
2986
Drive
W119° 43' 55.8''
N34° 6' 37''
Corner of Avenel.
C21 - Silver Lake - Echo Park
LAR1
Additional Information
$0
$0
$0
$0
$0
: None
1
3512
: Frame, Stucco
: Raised
4.0
: Two
: Landscaped
6
2026-06-24
2
2
Broker/Agent Information
Coldwell Banker Realty
Richard Stanley
Listing Information
CLW-L13996
CLW-X2000192
Cash
Active
2026-07-06T21:50:30Z
CRMLS
: Standard
2026-06-24T00:00:00Z
Agent info
Ray Millman
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