2701 Waverly Drive

Los Angeles, CA 90039

$1,495,000
Price
4
Beds
2
Baths
2,141 Sq. Ft.
$698 / Sq. Ft.
2,141
Sq. Ft.
$698
per Sq. Ft.

Description

Offering a prime opportunity to own an investment property in one of LA's most coveted neighborhoods with loads of potential to expand. The light filled upstairs 2 + 1 unit features hardwood floors & cute updated kitchen & bathroom plus with spacious outdoor patio overlooking the lush front yard & Franklin Hills flanking the Silver Lake Reservoir (may be delivered vacant). The larger downstairs 2 + 1 unit offers a large kitchen with saltillo tile floors & both formal living and dining rooms that...Offering a prime opportunity to own an investment property in one of LA's most coveted neighborhoods with loads of potential to expand. The light filled upstairs 2 + 1 unit features hardwood floors & cute updated kitchen & bathroom plus with spacious outdoor patio overlooking the lush front yard & Franklin Hills flanking the Silver Lake Reservoir (may be delivered vacant). The larger downstairs 2 + 1 unit offers a large kitchen with saltillo tile floors & both formal living and dining rooms that open onto a wood deck and yard with views beyond of the San Gabriel Mountains (vacant Aug 1). Below the lower unit is an un-permitted bonus space with laundry hookups that is shared by both units. The parklike yard boasts mature trees & thriving bushes above the two car garage. Buyer to verify the building potential provided by FliPro Co. in Documents.

Listing Agent

  1. Karen Medved

    Karen Medved

    Listing Agent

    Compass

    DRE #01235215

    karen.medved@compass.com

    P: (310)-266-4236

Property Details for 2701 Waverly Drive

Zoning
LARD2
Style
Spanish
Cross Streets
Glendale
Parcel Number
5438024011
Total Units
2.0
Living Area
2141
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
LISTING UPDATED: 01/07/2025 09:04 PM

Property Details for 2701 Waverly Drive

StatusActive
MLS #25-478251
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.17 AC / 7,516 SF
CountyLos Angeles County

Building Information for 2701 Waverly Drive

Stories-Residences-Year Built1923Building Size-Lot Size0.17 AC / 7,516 SF

Property Information for 2701 Waverly Drive

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 2
  • View: Yes
  • View Description: Hills, Trees/Woods
  • View: Hills, Trees/Woods
  • Water: Public
  • Sewer: In Street
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: Property Report
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $84,600
  • Gross Rent Multiplier: $.00
  • Actual Annual Gross Rent: $84,600.00
  • Owner Pays: Water
  • Total Annual Expense: 15620
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1725
  • Lot Size Square Feet: 7516
  • Lot Features: Front Yard, Back Yard
  • Lot Description: Front Yard, Back Yard
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Levels: Multi/Split
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Wall Gas
  • Flooring: Mixed, Tile, Carpet, Hardwood
  • Equipment: Refrigerator, Range/Oven
  • Interior Features: Basement - Partial
  • Room Kitchen Features: Tile Counters
  • Kitchen Features: Tile Counters
  • Cooking Appliances: Cooktop - Gas
  • Laundry: Inside, Room
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: Room For
  • Tennis Court: None
  • Roof: Tile
  • Patio Features: Living Room Balcony, Patio Open, Wood
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-07-2025
  • Listing Terms: Cash To New Loan
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Cable TV, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,800.00
  • Unit Actual Rent: $3,800.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $170,815.00
  • Assessed Improvement Percent: 17.86
  • Assessed Land Value: $785,779.00
  • Assessed Land Percent: 82.14
  • Assessed Total Value: $956,594.00

Property History for 2701 Waverly Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2701 Waverly Drive

Taxable ValueLand$801,494Additions$174,231Total$975,725
Tax Record2024$11,986 ($999 / month)
Home Facts
Total Finished SqFt2,141 SqFtAbove Grade Finished SqFt2,141 SqFtLot Size7,512 SqFtStyleDuplexYear Built1923ZoningLARD2CountyLOS ANGELESAPN5438-024-011

Schools near 2701 Waverly Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Ivanhoe Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2701 Waverly Drive is a multi-family home for sale in Los Angeles, CA 90039. This property was listed for sale on January 7, 2025 by Compass, it's currently listed at $1,495,000. It has been on the market for a total of 1 days and was last sold on November 26, 2003. This listing's school district is Los Angeles Unified School District. Nearby schools include Ivanhoe Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 2701 Waverly Drive is a 4-bed, 2-bath, 2,141 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Karen Medved, DRE #01235215

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided 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 CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.