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Silver Lake Development Opportunity

2829 Waverly Dr Los Angeles, CA 90039

2829 Waverly Dr, Los Angeles, CA, 90039
$5,500,000
For Sale
Under Contract
$5,500,000

LAND - Los Angeles, CA

Lot Size0.98 Acres
Days on Market884

Property Features for 2829 Waverly Dr

General Information

Property type
Land
Property subtype
Other
Zoning
RD1.5-1XL-RIO
Standard status
Active Under Contract
APN
5434-025-085
Lot size
0.98 Acres
Listing Agency Keller Williams Beverly Hills
439 N Canon Dr. Suite 300, Beverly HIlls, CA
Listed by Jordan Petito · License #02023714
Added: Feb 15, 2024 Checked: Jul 18 at 4:06 pm
MLS# 24-358885

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Law Firm Food Market Locksmith Catering Service Computer & Electronic Repair Grocery & Convenience Store Travel Agency Pharmacy Carpet & Flooring Store Parking Lot & Garage

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

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.
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