
Los Angeles, California 90039
This Modern New Construction Residence is a High-Potential Investment Opportunity, listed at $1,700,000—positioned well below the $1,937,691 Fair Market Value by 12%. This valuation gap secures $237,691 in Instant Equity for a property with a Pristine Condition Rating. Designed by Mark Rios, the home features a chef's kitchen, white oak finishes, and a private deck in the heart of Silver Lake. With seller-provided interest rate buydowns, this is an elite acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2919 Waverly 101 Subject | $1,700,000* List Price | 2 | 2 | 1,501 | $1,291 | - |
A 2845 1/2 Avenel Street Sold | $1,580,000 | 3 | 1 | 1,114 | $1,418 | 0.2 mi |
B 2919 Waverly Drive 106 Active | $1,799,000 List Price | 2 | 3 | 1,598 | $1,126 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2025 construction featuring high-end modern architectural design. The property includes a chef's kitchen with integrated paneled appliances and quartz countertops, white oak flooring throughout, and spa-inspired bathrooms with dual vanities. As a new build, all systems and finishes meet the highest current quality standards with no physical depreciation.
Designed by renowned architect Mark Rios, this 2025 new build features high-end finishes, 10-foot sliding glass doors, and a mezzanine level, offering a sophisticated and modern California living experience.
Nestled in the hills of Silver Lake, the property boasts high walkability to the Reservoir, Griffith Park, and Sunset Junction, blending outdoor recreation with access to premier dining and boutiques.
The seller is offering credits toward closing costs and an interest rate buydown, providing a significant financial advantage and improved affordability for prospective homeowners.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1501, other record living area = 3175. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
The monthly association fee of $677.08 is relatively high for a two-bedroom unit, which may impact the long-term budget for cost-conscious buyers.
As part of a sixteen-residence collection, the property lacks the total privacy and seclusion of a detached single-family home, involving shared walls and common infrastructure.
Atria is a collection of sixteen modern residences designed by Mark Rios, FAIA, FASLA, nestled in the hills of Silver Lake, offering a refined take on contemporary California living. Clean architectural lines pair with warm, livable interiors to create homes that feel elevated yet inviting. Residence 101 is a 2-bedrooms & 2-bathrooms spanning approximately 1,501 square feet, designed for effortless indoor-outdoor living. A spacious great room opens to a private deck through expansive 10-foot sliding glass doors, filling the home with natural light. White oak finishes throughout soften the contemporary aesthetic. The chef's kitchen features a full suite of appliances seamlessly integrated into paneled cabinetry, complemented by refined quartz countertops. The primary suite features ample closet space and a spa-inspired bathroom with dual vanities and a large walk-in shower. A secondary bedroom, along with a hallway bathroom and laundry closet completes the thoughtfully designed layout. The residence includes a mezzanine level, two dedicated parking spaces and a private storage unit. Ideally located in the heart of Silver Lake, Atria offers easy access to some of Los Angeles' most desirable lifestyle destinations. Just moments from Griffith Park and the Silver Lake Reservoir, residents enjoy a rare balance of outdoor recreation and urban convenience. The highly walkable neighborhood is home to beloved cafes, restaurants, and boutiques, with Sunset Junction, Atwater Village, Glendale, Downtown Los Angeles, and Hollywood all within a short drive. Seller to provide credits toward closing costs and interest rate buydown!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,501 | 1,243 | 85% |
| Lot Size | - | 16,566 | 15% |
| Price | $1.70M | $970.0K | 92% |
| Price per sq ft | $1.1K | $797 | 85% |
| Built year | 2025 | 1982 | 92% |
| HOA | $677.08 | $498 | 92% |
| Days on market | 70 | 169 | 31% |
Feb 11, 2026
$1,700,000
Initial Listing
Apr 16, 2021
$7,000,000
Public Record
Apr 16, 2021
$6,000,000
Public Record
Oct 18, 2017
$2,150,000
Public Record
May 21, 2013
$1,040,000
Public Record