About 2986 Waverly Drive
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!
Features of 2986 Waverly Drive
| MLS® # | 26852051 |
|---|---|
| Price | $1,599,000 |
| Bedrooms | 1 |
| Bathrooms | 2.00 |
| Square Footage | 3,512 |
| Lot Size | 6,934 |
| Year Built | 1956 |
| Type | Residential Income |
| Style | Mid-Century Modern |
| Status | Active |
| # Of Units | 6 |
Community Information
| Address | 2986 Waverly Drive |
|---|---|
| Area | C21 - Silver Lake - Echo Park |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90039 |
Amenities
| Utilities | Overhead Utilities |
|---|---|
| Parking Spaces | 10 |
| Parking | Assigned, Covered, One Space, Private, RV Potential, Side By Side, Uncovered |
| # of Garages | 4 |
| Garages | Assigned, Covered, One Space, Private, RV Potential, Side By Side, Uncovered |
| View | City Lights, Hills, Panoramic, Reservoir |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Wood |
|---|---|
| Interior Features | Walk-In Closet(s) |
| Appliances | Disposal, Refrigerator, Built-In, Range, Range Hood |
| Heating | Gravity, Natural Gas, Wall Furnace |
| Cooling | Electric, Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Living Room, Bath, Blower Fan, Gas, Kitchen |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Stucco, Frame |
|---|---|
| Lot Description | Landscaped |
| Roof | Rolled/Hot Mop |
| Construction | Stucco, Frame |
| Foundation | Raised |
Additional Information
| Date Listed | June 24th, 2026 |
|---|---|
| Days on Market | 77 |
| Zoning | LAR1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Richard Stanley |
|---|---|
| Office | Coldwell Banker Realty |