$5,500,000
PENDING

2829 Waverly Dr Los Angeles, CA 90039

Estimated payment $30,836/month

Total Views 4,188
0.98 Acre
$5,600,815 Price per Acre
42,776 Sq Ft Lot

About This Lot

We are proud to exclusively present for sale a Ready-to-Issue 13 Small Lot Subdivision Development Project in prime Silver Lake, sandwiched between the Silver Lake Reservoir and the massive Griffith Park. The proposed project is situated on a rare 42,793 SF lot on a knoll providing for some promising views. The SLO Project features a popular mix of five spacious 3 bedroom homes and eight 2 bedroom homes, each with their own garage, private decks and patios. The expansive lot will house ample parking, consisting of 13 two-car garages and 9 open air parking spaces. Located within a block from neighborhood retail and near the shopping on Glendale Blvd. and Hyperion Ave., just over the 5 freeway from Atwater Village, an easy walk to the Silver Lake Reservoir, steps to the bicycle path on the LA River, fine and casual dining all around, Whole Foods and Trader Joe's down the road, nightlife and anything a future owner or tenant would want or need, this location and the beautifully designed Project will be the talk of the town!

Listing Agent

Jordan Petito

Keller Williams Beverly Hills License #02023714 Listed on: 02/15/2024

Keller Williams Beverly Hills

Co-Listing Agent

Dario Svidler

Keller Williams Beverly Hills License #01884474

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,771

Lot Details

  • 0.98 Acre Lot
  • Property is zoned RD1.5-1XL-RIO

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5434-025-085

Property Details

Property Type

Land

Est. Annual Taxes

$19,771

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.9820
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Road Frontage: 370+/- FT Glendale, 250+/- FT Waverly
  • View: No

Utilities

  • Cable: Yes
  • Telephone Service: In Street
  • Telephone: Yes

Lot Info

  • Special Zoning: Rent Control
  • Assessor Parcel Number: 5434-025-085
  • Lot Size Area: 42793
  • Possible New Zone: RTI 13 SLO Project
  • Potential Usage: RTI 13 SLO Project
  • Present Use: 6 Units

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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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

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 $19,771 $1,548,972 $1,290,817 $258,155
2024 $19,771 $1,518,601 $1,265,507 $253,094
2023 $19,409 $1,488,826 $1,240,694 $248,132
2022 $18,555 $1,459,634 $1,216,367 $243,267
2021 $18,322 $1,431,015 $1,192,517 $238,498
2019 $17,815 $1,388,573 $1,157,148 $231,425
2018 $17,755 $1,361,347 $1,134,459 $226,888
2017 $17,346 $1,334,655 $1,112,215 $222,440
2016 $16,942 $1,308,486 $1,090,407 $218,079
2015 $16,710 $1,288,833 $1,074,029 $214,804
2014 $16,808 $1,263,588 $1,052,991 $210,597
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $5,500,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fatcola
Grant Deed $1,200,000 Chicago Title Company
Grant Deed $1,025,000 United Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 Commercial
Closed $550,000 Commercial
Closed $450,000 Commercial
Closed $150,000 Commercial
Previous Owner $137,500 Commercial
Source: Public Records

Source: The MLS

MLS Number: 24-358885

The MLS

APN: 5434-025-085