$3,550,000
$450K PRICE DROP

2811 Waverly Dr Los Angeles, CA 90039

Estimated payment $22,987/month

Total Views 3,622
12 Beds
12 Baths
5,799 Sq Ft
$612 Price per Sq Ft

Highlights

  • Solar Power System
  • Electric Vehicle Home Charger
  • Heating Available
  • Ivanhoe Elementary Rated A-

About This Home

We are pleased to present a six (6) unit apartment building located at 2811 Waverly Drive in Los Angeles, California. The subject property is located in a prime Silver Lake location, south of Glendale Boulevard and east of Hyperion Avenue. In 2021, the property was gut renovated with over 40% new construction addition to the original square footage. 2811Waverly Drive seamlessly blends mid-century charm with high-end construction and modern sustainability. Consisting of a streamlined unit mix of six (6) two-bedroom / two-bathroom units, this is an environmentally-friendly building with no gas, individual solar panels, and EV chargers for each unit with two parking spaces each. The unique aspect of this property is its use of solar power and green energy, with each unit being connected to its own solar panel and wired directly to its electrical meter. Each unit also includes its own washer and dryer. The property has very high-end finishes with Fleetwood windows throughout the property. There is also a thoughtfully landscaped and terraced outdoor space for tenants or visitors to enjoy. 2811 Waverly Drive offers a new investor one of the coolest multifamily properties in all of Silver Lake that is environmentally friendly with some of more high-end renovations on the market today.

Listing Agent

Jason Tuvia

Marcus & Millichap License #01772495 Listed on: 03/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Interior Spaces

  • 5,799 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Parking

  • 12 Parking Spaces
  • Electric Vehicle Home Charger

Additional Features

  • Solar Power System
  • 9,584 Sq Ft Lot
  • Heating Available

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5434-025-083

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5799
  • Lot Acreage: 0.2200
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 12.00
  • Equipment: Solar Panels
  • Price Per S Q F T: 612.17

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Electric Vehicle Charging Station(s), Parking Space
  • Total Parking: 12

Utilities

  • Cooling: Electric
  • Heating: Electric

Lot Info

  • Assessed Improvement Percent: 29.03
  • Assessed Improvement Value: 512020
  • Assessed Land Percent: 70.97
  • Assessed Land Value: 1251610
  • Total Assessed Value: 1763630
  • Assessor Parcel Number: 5434-025-083
  • Lot Size Area: 9584

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 11.38
  • Number Of Units: 6
  • Total Annual Expense: 76006
  • Type Of Units: 2+2
  • Vacancy Rate: None

Map

Range of Values:

Collateral Analytics

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $3,550,000 -4.1% $612 / Sq Ft
05/15/2025 05/15/25 Price Changed $3,700,000 -7.5% $638 / Sq Ft
03/21/2025 03/21/25 For Sale $4,000,000 0.0% $690 / Sq Ft
08/07/2023 08/07/23 For Rent $4,500 0.0% --
06/23/2023 06/23/23 Price Changed $4,500 +7.1% $5 / Sq Ft
06/21/2023 06/21/23 For Rent $4,200 0.0% --
05/31/2023 05/31/23 For Rent $4,200 -- --
Source: The MLS

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Source: The MLS

MLS Number: 25515025

The MLS