
Los Angeles, California 90039
This Modern Architectural Residence is a High-Potential Investment Opportunity with a List Price of $1,999,000—positioned well below the $2,402,458 Fair Market Value by 16%. This valuation gap offers $403,458 in Instant Equity. Featuring a Pristine Condition Rating, the 2026 new construction showcases double-height ceilings, white oak finishes, and a private green courtyard designed by Mark Rios. Located in prime Silver Lake, this home balances luxury lifestyle with significant financial upside. It is ideal for Owner-Occupants or Luxury Portfolio Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2919 Waverly Drive 103 Subject | $1,999,000* List Price | 3 | 3 | 1,797 | $1,337 | - |
A 2845 1/2 Avenel Street Sold | $1,580,000 | 3 | 1 | 1,114 | $1,418 | 0.2 mi |
B 2919 Waverly 308 Active | $2,400,000 List Price | 3 | 3 | 1,828 | $1,313 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 construction featuring high-end modern design by architect Mark Rios. The residence offers premium finishes including white oak flooring, double-height ceilings, and a chef's kitchen with integrated paneled appliances and quartz countertops. The bathrooms are spa-inspired with freestanding tubs and walk-in showers. As a new build, all mechanical systems, fixtures, and structural components are in pristine condition, meeting the highest current quality standards.
Designed by renowned architect Mark Rios, this 2026 new construction features striking double-height ceilings and high-end white oak finishes that define modern California luxury.
Situated in a highly walkable pocket of Silver Lake, the property offers immediate access to the Reservoir, Griffith Park, and the trendy boutiques and dining of Sunset Junction.
The seller is offering valuable credits toward closing costs and an interest rate buydown, providing a distinct financial advantage and improved affordability for the buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1797, other record living area = 3175. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The association fee of approximately $698 per month represents a significant recurring expense that adds to the overall cost of ownership for a boutique development.
Despite its hillside Silver Lake setting, the property is noted as having no significant views, which may be a drawback for buyers expecting panoramic vistas at this price point.
Atria is a collection of sixteen modern residences designed by Mark Rios, FAIA, FASLA, tucked into the hills of Silver Lake, offering a thoughtfully curated take on contemporary California living. Clean architectural lines meet warm, livable interiors, creating homes that feel both elevated and effortlessly comfortable. Enter Residence 103 through a private green courtyard, one of just three in the development. Expansive sliding glass doors open to a dramatic great room with double-height ceilings and a mezzanine level perfect for a family room or office. Abundant natural light fills the space, highlighting white oak finishes that bring warmth to the contemporary design. The chef's kitchen is outfitted with a full suite of integrated appliances concealed within paneled cabinetry, complemented by refined quartz countertops and a generous peninsula.The primary suite features a spacious walk-through closet and a spa-inspired bathroom with dual vanities, a freestanding tub, and a walk-in shower. Two additional bedrooms, a laundry closet, and a powder room complete the residence. Each home also includes two dedicated parking spaces and a private storage unit. Positioned in the heart of Silver Lake, Atria offers easy access to some of Los Angeles' most sought-after lifestyle destinations. Moments from Griffith Park and the Silver Lake Reservoir, residents enjoy a rare blend of outdoor recreation and urban convenience. The highly walkable neighborhood is filled with beloved cafes, restaurants, and boutiques, with Sunset Junction, Atwater Village, Glendale, Downtown Los Angeles, and Hollywood just a short drive away. 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 | 3.0 | 2.0 | 77% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,797 | 1,243 | 92% |
| Lot Size | - | 16,566 | 15% |
| Price | $2.00M | $970.0K | 92% |
| Price per sq ft | $1.1K | $797 | 85% |
| Built year | 2026 | 1982 | 92% |
| HOA | $698.4 | $498 | 92% |
| Days on market | 69 | 169 | 31% |
Feb 12, 2026
$1,999,000
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