2811 Waverly Dr - Apartments FOR SALE


Los Angeles, CA 90039- Silver Lake
$4,000,000 USD
818-448-4415
2811 Waverly Dr, Los Angeles, CA for Sale
$4,000,000 USD
Apartments - FOR SALE
1/8
null | 5.53% Cap Rate

2811 Waverly Dr
Los Angeles, CA 90039
Silver Lake


HIGHLIGHTS

  • Environmentally Friendly Building with No Gas, Individual Solar Panels, and EV Chargers for Each Unit
  • Partial New Construction - Over a 40% New Construction Addition in 2021
  • Prime Silver Lake Location
  • Two Parking Spaces and 1 EV Charger Per Unit
  • Property is Gated, Secured, and Very Private

OVERVIEW

In 2021, the property was gut renovated with over 40% new construction addition to the original square footage. 2811 Waverly Drive seamlessly blends mid-century charm with high-end construction and modern sustainability. Consisting of a streamline unit mix of six (6) two-bedroom / two-bathroom units, this is an environmentally friendly building with no gas, individual solar panels, and EV chargers for each unit with two parking spaces each. The unique aspect of this property is its use of solar power and green energy, with each unit being connected to its own solar panel and wired directly to its electrical meter. Each unit also includes its own washer and dryer. The property has very high-end finishes with Fleetwood windows throughout the property. There is also a thoughtfully landscaped and terraced outdoor space for tenants or visitors to enjoy. 2811 Waverly Drive offers a new investor one of the coolest multifamily properties in all of Silver Lake that is environmentally friendly with some of more high-end renovations on the market today.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$690 USD /SF

# OF UNITS

6

PRICE/UNIT

$666,667

CAP RATE

5.53%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

LARD1.5

APN/PARCEL ID

5434-025-083

ASK ABOUT THIS PROPERTY

Jason TuviaMarcus & MillichapMore Info
818-448-4415

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Jason TuviaMarcus & MillichapMore Info
818-448-4415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.