Check Availability
$5,500,000
Land - For Sale

2829 Waverly Dr

Los Angeles, CA 90039
bedrooms
Studio
bathrooms
0 Bath
$27,006
Estimated Monthly
$0
HOA / Fees

About This Property

We are proud to exclusively present for sale a Ready-to-Issue 13 Small Lot Subdivision Development Project in prime Silver Lake, sandwiched between the Silver Lake Reservoir and the massive Griffith Park. The proposed project is situated on a rare 42,793 SF lot on a knoll providing for some promising views. The SLO Project features a popular mix of five spacious 3 bedroom homes and eight 2 bedroom homes, each with their own garage, private decks and patios. The expansive lot will house ample parking, consisting of 13 two-car garages and 9 open air parking spaces. Located within a block from neighborhood retail and near the shopping on Glendale Blvd. and Hyperion Ave., just over the 5 freeway from Atwater Village, an easy walk to the Silver Lake Reservoir, steps to the bicycle path on the LA River, fine and casual dining all around, Whole Foods and Trader Joe's down the road, nightlife and anything a future owner or tenant would want or need, this location and the beautifully designed Project will be the talk of the town!
Unit Size
-
Days on Market
76 days
Land Size
0.98 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1948
Listed By
Jordan Petito
Keller Williams Beverly Hills
Last updated: 3 months ago (CLAWCA #358885)

Price History

Date / Event Date Event Price
Feb 15, 2024 Listed by KELLER WILLIAMS BEVERLY HILLS REALTY $5,500,000
Listed by KELLER WILLIAMS BEVERLY HILLS REALTY

Property Highlights

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,363
  • Total Building Area: 5,089
  • Gross Building Area: 5,089
  • Building Area: 5,089
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,089
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: IVANHOE
  • Land Acres: 0.996
  • Legal Description 1: IVANHOE LOT 34 AND POR OF LOTS 32,33 AND 35 BLK 2

Ownership

  • Current Owner : EVERWIN INVESTMENT INC
  • Previous Owner : WAVERLY ASSOCIATES LLC
  • Owner Before Previous Owner: ACEMYAN EDDY
  • Owner Before Previous Owner 2: THE EDDY ACEMYAN LIVING TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 188201

Zoning

  • Zoning: LARD1.5

Geography

  • Parcel: 5434-025-085
  • Block: 2
  • Lot: 32-35
  • Municipality: EAST /LA LOS FELIZ
  • Latitude: 34.1092
  • Longitude: -118.265

    Address

  • Full Address: 2829 Waverly Dr
  • Address - House Number: 2829
  • Address - Street Name: Waverly
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C053
  • 4-Digit Zip Code: 2728
  • Zip Code: 90039

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,555
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.3353
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 32
  • Final Value: 1,486,532
  • High Value: 1,985,093
  • Low Value: 987,970

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $770,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Jun 16, 2017
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $620,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jun 16, 2047
  • Second Open Lien Mortgage Lender: WAVERLY ASSOCIATES LLC
  • Second Open Lien Mortgage Recording Date: Oct 19, 2009
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: unknown
  • Second Open Lien Mortgage Loan Due Date: Oct 19, 2039

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,488,826
  • Assessed Land Value: $1,240,694
  • Assessed Improvements Value: $248,132

    Sales

  • Current Sale Contract Date: Sep 29, 2009
  • Current Sale Recording Date: Oct 19, 2009
  • Current Sale Transaction ID: 1034986159
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 09-1577357
  • Previous Sale Recording Date: Sep 15, 2006
  • Previous Sale Contract Date: Sep 13, 2006
  • Previous Sale Amount: $1,025,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: LONE OAK FUND LLC
  • First Mortgage Transaction Date: Oct 19, 2009
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East LA


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Nearby Rentals

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Unit for rent at 1619 Talmadge St, Los Angeles, CA, 90027

$7,500 /mo

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Unit for rent at 4026 Brunswick Ave, Los Angeles, CA, 90039

$8,000 /mo

  • 3 Beds
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4026 Brunswick Ave, Los Angeles, CA, 90039 Listing by Ryan Hanke


Frequently Asked Questions

When was property at 2829 Waverly Drive built and last sold?
The property at 2829 Waverly Drive was built in 1948 and last sold on Sep 29, 2009 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 2829 Waverly Drive is $5,555,000.
What are some comparable homes to 2829 Waverly Drive?
There are currently no comparable homes to 2829 Waverly Drive.

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