• 3 / 2
  • 5
  • 1582
  • 1946
  • 1,011
  • 11,560
Active Status Single Family Home
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Prime redevelopment opportunity: Large 11,559 SQ FT lot zoned RD 1.5-1XL, this property is the perfect opportunity for investors looking to build a multi-family development for either long-term investing or immediate post-development returns. Existing structure on the lot is a 3-bedroom, 2-bathroom single family home with a tear-down best use scenario.Initial analysis indicates a development up to seven units without any special exemptions, ideal for a mid-density townhome-style development. Recent sales of townhome style product range into the $800s per square foot.Lot size and orientation provide for unblocked views from all units, both reservoir and city views. Located in the very desirable Silver Lake neighborhood, this home boasts convenient access to the Westside and is within easy proximity to studios in Burbank and Hollywood. This is the perfect location for anyone in the entertainment or tech industries or families looking to enroll in the award-winning Ivanhoe School Dist

Address: 2916 WAVERLY Drive
State: CA
City: Los Angeles
County: Los Angeles
Zip Code: 90039
MLS#: 19434046
MLS Area: 671 Silver Lake

Price History

Date Price Event Change MLS#:
2/13/2019 $1,599,999 List Price 19434046

Nearby Schools

Ivanhoe Elementary School(K-5)5
St. Lasimir(K-8)
Atwater Avenue Elementary School(K-6)5
Kids' World School, Inc. & Cornerstone Academy Of Los Angeles(K-12)
Holy Trinity Elementary School(K-8)
Glenfeliz Boulevard Elementary School(Preschool-6)1
Lycee International De Los Angeles School(Preschool-5)3
Allesandro Elementary School(Preschool-6)
Franklin Avenue Elementary School(K-5)
St. Lasimir(K-8)
Atwater Avenue Elementary School(K-6)5
Kids' World School, Inc. & Cornerstone Academy Of Los Angeles(K-12)
Holy Trinity Elementary School(K-8)
Glenfeliz Boulevard Elementary School(Preschool-6)1
Allesandro Elementary School(Preschool-6)
John Marshall Senior High School(9-12)3
Kids' World School, Inc. & Cornerstone Academy Of Los Angeles(K-12)

Interior Details

  • Appliances:None, Refrigerator, Dishwasher
  • Features:
  • Furnished:
  • Floor Type:Laminate, Wood
  • Cooling:None
  • Heating:Central Furnace
  • Other Rooms:Living Room, Sun

Exterior Details

  • Home Construction
  • Features:
  • Exposure:
  • Roof Type:
  • Garage Spaces:
  • Pool:No
  • Utilities:
  • Lot Description:
  • Parking:Driveway
  • View:Reservoir

Community Details

  • HOA: $0/mo
    Fees Include:

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:Glendale Blvd. to Auburn St. to Waverly Dr.

Associated Agents

  • Listing Agent:Avenue Homes - Jesse Sanchez

Similar Properties

Property Information Last Updated: 10/25/2017 1:55:54 PM
Property Listed By: Jesse Sanchez with Avenue Homes


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