Investment Overview

Marcus and Millichap is pleased to present a six (6) unit apartment building located at 2811 Waverly Drive in Los Angeles, California. The subject property is located in a prime Silver Lake location, south of Glendale Boulevard and east of Hyperion Avenue. 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.