NOT LISTED FOR SALE

2709 Waverly Dr Los Angeles, CA 90039

Estimated Value: $1,450,000 - $1,956,000

6 Beds
6 Baths
3,920 Sq Ft
$441/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $1,240,000 $316 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $10,790/month

49 Days on Market

Highlights

  • No Units Above
  • City Lights View
  • Wood Flooring
  • Ivanhoe Elementary Rated A-
  • Property is near a park
  • Main Floor Primary Bedroom

About This Home

As of May 2019

3 separate dwellings! 2 houses and 1 duplex. Views of Atwater Village, snow capped mountains, etc.! Located in a residential area of hip Silver Lake. Plenty of parking. Not far from Griffith Park and wonderful restaurants. Minutes from Downtown LA. Walking score is 55 and the bike-able score is 57. The property has a 2-story, 3 bedroom, 3 bath stand alone home. There is a single story, 1 bedroom, 1 bath stand alone home and two, single story 1+1 units, that are attached. Neither one of the 1 + 1's have a unit above or below them. Long term tenants and the property is subject to rent control. The property is zoned LARD2. The main house has a nice size patio and each of the single units have hardwood floors and their own outdoor patio space. There are two, 2-car garages and a carport. The main house has its own laundry room, central air, master with its own bath, French doors, open beam ceilings in living room, view from the front of the home and a back yard patio/yard area. There is a laundry area for the other 3 units to share. Each unit is individually metered for gas and electric. Some copper plumbing and some of the sewer line is ABS. Loads of charm here!! It's a must see!!

Last Agent to Sell the Property

Jennifer Wardell Kelly

Rodeo Realty License #00920811 Listed on: 01/24/2019

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,697

Year Built

  • Built in 1949

Lot Details

  • 7,764 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Wood Fence
  • Chain Link Fence
  • Irregular Lot

Parking

  • 4 Car Garage
  • 1 Attached Carport Space
  • Parking Available
  • Side by Side Parking

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Partial Copper Plumbing

Interior Spaces

  • 3,920 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Living Room with Attached Deck
  • Living Room Balcony

Kitchen

  • Tile Countertops
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Stone
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 18
  • Assessor Parcel Number 5438024026

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $2,748
  • Trash Expense $280
  • Water Sewer Expense $1,500
  • New Taxes Expense $19,749
  • Operating Expense $26,000
  • Gross Income $98,100
  • Net Operating Income $72,984

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,697

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 4.60
  • Inclusions: Washer, dryer in common area.
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LARD2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 5438024026
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial, Formica Counters, Living Room Balcony, Living Room Deck Attached, Tile Counters
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Laminate, Stone, Tile, Vinyl, Wood
  • Door Features: French Doors
  • Price Per Square Foot: 316.33
  • Room Type: Kitchen, Laundry, Main Floor Master Bedroom

Exterior Features

  • Foundation: Pillar/Post/Pier, Raised
  • View: City Lights, Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Garage, Private, Side by Side
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: Common Area, Community, Gas Dryer Hookup, Individual Room, Inside, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 280.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Irregular Lot, Park Nearby
  • Lot Size Sq Ft: 7764.00
  • Lot Size Acres: 0.1782

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 98100.00
  • Gross Scheduled Income: 98100.00
  • Insurance Expense: 2748.00
  • Lot Size Area: 7764.0000 Square Feet
  • Net Operating Income: 72983.70
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 25116.30
  • Rent Control: Yes
  • Total Expenses: 26000.00

Tax Info

  • New Taxes Expense: 19749.00
  • Tax Census Tract: 1873.00
  • Tax Lot: 18
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2019
Sold by
Sweha Raymond and Sweha William Sherry
Bought by
Sweha Raymond and Sweha William Sherry
Current Estimated Value
$1,728,269

Purchase Details

Listed on
Jan 24, 2019
Closed on
Mar 15, 2019
Sold by
Brubaker Deborah L and Leon Monica
Bought by
Aweha Raymond Wadie and Aweha William Sherry
Seller's Agent
Jennifer Wardell Kelly
Rodeo Realty
List Price
$1,579,950
Sold Price
$1,240,000
Premium/Discount to List
-$339,950
-21.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$992,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 1999
Sold by
Brenner Norman C
Bought by
Brenner Norman C and Norman C Brenner Living Trust
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sweha Raymond -- Lawyers Title
Aweha Raymond Wadie $1,240,000 Lawyers Title
Brenner Norman C -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aweha Raymond Wadie $992,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $1,240,000 -21.5% $316 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $1,579,950 -- $403 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,697 $1,383,238 $937,033 $446,205
2024 $16,697 $1,356,116 $918,660 $437,456
2023 $16,374 $1,329,527 $900,648 $428,879
2022 $15,612 $1,303,459 $882,989 $420,470
2021 $15,408 $1,277,902 $865,676 $412,226
2020 $15,563 $1,264,800 $856,800 $408,000
2019 $17,309 $1,441,242 $900,778 $540,464
2018 $17,205 $1,412,983 $883,116 $529,867
2016 $16,430 $1,358,117 $848,824 $509,293
2015 $16,183 $1,337,717 $836,074 $501,643
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Wardell Kelly

    Seller's Agent in 2019

    Jennifer Wardell Kelly

    Rodeo Realty

    (818) 425-7907

    1 in this area

    67 Total Sales

    Jennifer Wardell Kelly
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19018184

California Regional Multiple Listing Service (CRMLS)

APN: 5438-024-026

California Los Angeles County Los Angeles 90039

2709 Waverly Dr, Los Angeles, CA

This home is located at 2709 Waverly Dr, Los Angeles, CA 90039 since 24 January 2019 and is currently estimated at $1,728,269, approximately $440 per square foot. This property was built in 1949. 2709 Waverly Dr is a home located in Los Angeles County with nearby schools including Ivanhoe Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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