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Small Lot Subdivision Development Land
For Sale
$5,500,000
Pending

2829 Waverly Drive, Los Angeles, CA 90039

Ready-to-issue plan for 13 homes with multiple garages and open-air parking on a knoll lot.

Property Size42,793 SF
Days on Market1182

Property Features for 2829 Waverly Drive

General Information

Standard status Pending
Size 42,793 SF
Property subtype Land Lot
Zoning RD1.5-1XL-RIO

Amenities

No
Listing Agency: Keller Williams Beverly Hills
Listed By: Jordan Petito · License #02023714
Source: Compass
Added: May 17, 2023 Changed: Aug 8 Last Checked: Mar 25 at 8:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Beverly Hills

Investment Insights

Based on property information with market context.

This ready-to-issue 13 small lot subdivision development project is proposed on a 42,793 SF lot situated on a knoll. The plan calls for a total of five 3-bedroom homes and eight 2-bedroom homes, each designed with its own garage plus private decks and patios. Parking is planned to support the community with 13 two-car garages and nine open-air parking spaces.

The project is located between the Silver Lake Reservoir and Griffith Park. It is within a block of neighborhood retail, near shopping along Glendale Blvd. and Hyperion Ave., and offers walkable access to the Silver Lake Reservoir and the LA River bicycle path.

The configuration centers on a 13-home neighborhood design intended to provide enclosed parking for every residence and additional open-air spaces, supporting straightforward on-site operations for future occupants.

Key Highlights

  • Ready‑to‑issue 13 small lot subdivision development plan in Silver Lake
  • Proposed 42,793 SF knoll lot between the Silver Lake Reservoir and Griffith Park
  • Home mix includes five 3‑bedroom homes and eight 2‑bedroom homes

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Food Market Locksmith Catering Service Computer & Electronic Repair Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,377
Businesses Nearby

Demographics for 90039, CA

28,059
Population
13,332
Households
2.1
Avg Household Size
40
Median Age
57%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
7,794
Density / Sq Mi
$105,578
Median Household Income
$56,121
Median Earnings
$2,149
Median Rent
$1,202,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Ready-to-issue plan for 13 homes with multiple garages and open-air parking on a knoll lot.
Where is this residential land & home lot located?
The property is located at 2829 Waverly Drive 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 plan in Silver Lake; Proposed 42,793 SF knoll lot between the Silver Lake Reservoir and Griffith Park; Home mix includes five 3‑bedroom homes and eight 2‑bedroom homes
More about this property
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