Listing Courtesy of Jesse Sanchez with Avenue Homes
  • 3 / 2
  • 4
  • 1946
  • 11,560
Active Status Single Family Home WaterFront
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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 DR
State: CA
City: Los Angeles City
County: Los Angeles
Zip Code: 90039
MLS#: 19434046
MLS Area: Silver Lake Echo Park (C21)

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:Dishwasher, Refrigerator, None
  • Features:
  • Furnished:
  • Floor Type:Hardwood, Laminated
  • Cooling:None
  • Heating:Central Furnace
  • Other Rooms:Livingroom, Sun Room, Study/Office

Exterior Details

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

Community Details

  • HOA:N $0/mo
    Fees Include:
  • Misc:Standard Sale

Rental Information

  • Rental Income:$0
  • Rental Number:0

Associated Agents

  • Listing Agent:Avenue Homes - Jesse Sanchez, CalBRE# 01908739

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Property Information Last Updated: 2/17/2019 9:05:58 PM
Listing Courtesy of Jesse Sanchez with Avenue Homes


Based on information from CARETS as of 2/17/2019 9:05:58 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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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