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    2829 Waverly Dr Los Angeles, CA 90039

    Sponsored
    For Sale
    Under Contract
    $5,500,000

    LAND - Los Angeles, CA

    Lot size:
    0.98 Acres
    Days on Market:
    596
    Last Refresh:
    Jan 8 at 2:06 pm

    Property Features for 2829 Waverly Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Zoning
    RD1.5-1XL-RIO
    APN
    5434-025-085
    Lot size
    0.98 Acres

    KELLER WILLIAMS BEVERLY HILLS REALTY (310) 432-6400 [email protected]

    Listing agent Jordan Petito (310) 432-6400 License #02023714

    Listing date May 23, 2024

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Silver Lake Development Opportunity

    This offering presents a ready-to-issue 13 small lot subdivision development project in the Silver Lake area of Los Angeles. Situated on a 42,793 square foot lot, the proposed project includes a mix of five 3-bedroom homes and eight 2-bedroom homes. Each home is planned with its own garage, private decks, and patios. The development provides ample parking, consisting of 13 two-car garages and 9 open-air parking spaces. The location is near neighborhood retail, shopping on Glendale Boulevard and Hyperion Avenue, and just over the 5 freeway from Atwater Village. It is also within walking distance of the Silver Lake Reservoir and steps from the bicycle path on the LA River. The location offers convenient access to fine and casual dining, Whole Foods, Trader Joe's, and nightlife.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.264509
    Latitude
    34.109171

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    FAQs

    What type of property is this?
    Land - Ready-to-Issue 13 Small Lot Subdivision Development Project in Silver Lake.
    Where is this land located?
    The property is located at 2829 Waverly Dr Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - Ready-to-Issue 13 Small Lot Subdivision Development Project in prime Silver Lake.; - Rare 42,793 SF lot with potential views.; - Mix of five 3-bedroom and eight 2-bedroom homes, each with garage, private decks, and patios.
    (310) 432-6400
    Request Owner's contact information
    2829 Waverly Dr Los Angeles, CA 90039
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    Los Angeles, CA 90039
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2829 Waverly Dr Los Angeles, CA 90039
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