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3016 Waverly Dr
Los Angeles, CA 90039 Silver Lake

$16,250,000 USD

Apartments For Sale • 48,486 SF

Property Details

Property Type Apartments
Total Building Size 45,378 SF
Lot Size 1.02 AC
Building Class C
Year Built 1973
Cap Rate 5.21 %
Zoning LARD1.5

48 Transit Score

87 Walk Score

                
                    Highlights
                
                                3.44% I/O ASSUMABLE DEBT UNTIL 2029!
                            
                                Luxury turnkey asset with significant remaining upside
                            
                                Rare sizable property in Silverlake
                            
                                Fantastic unit mix featuring spacious floorplans
                            
                                Fully parked, elevator, BBQ area, laundry facilities and sundeck

Financial Summary (Actual)

Net Operating Income: $845,991 USD (2024)

Cap Rate:	5.21 %
Total Expenses:	$494,441 USD

Amenities

Air Conditioning
Balcony
Cable Ready
Courtyard
Dishwasher
Disposal
Fireplace
Laundry Facilities
Microwave
Picnic Area
Property Manager on Site
Storage Space
Gated
Heating
Grill
Eat-in Kitchen
Kitchen
High Speed Internet Access
Range
Views
Walk-In Closets
Elevator
Wheelchair Accessible (Rooms)

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	4 min	-	1.9 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	10 min	-	5.3 mi
Airport	Drive	Walk	Distance
Bob Hope	18 min	-	12.1 mi
Los Angeles International	32 min	-	18.2 mi
Long Beach (Daugherty Field)	39 min	-	26.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Rob Renshaw 310-776-0564 RE/MAX Commercial & Investment Realty

3016 Waverly Dr Los Angeles, CA 90039 Silver Lake