
Los Angeles, California 90039
This Modern New Construction Condominium is a High-Potential Investment Opportunity, listed at $1,799,000—positioned well below the $2,069,762 Fair Market Value by 13%. This significant valuation gap provides $270,762 in Instant Equity for a brand-new 2026 build. Featuring a chef's kitchen, white oak finishes, and a private deck, the residence boasts a Condition Rating of 2 with zero deferred maintenance. Located in the heart of Silver Lake, this turnkey home balances luxury lifestyle perks with strong financial upside. It is an ideal 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 Drive 106 Subject | $1,799,000* List Price | 2 | 3 | 1,598 | $1,295 | - |
A 2845 1/2 Avenel Street Sold | $1,580,000 | 3 | 1 | 1,114 | $1,418 | 0.2 mi |
B 2919 Waverly 101 Active | $1,700,000 List Price | 2 | 2 | 1,501 | $1,133 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a brand-new 2026 construction, meeting the highest standards of modern quality. The interior features premium white oak flooring, double-height ceilings, and a chef's kitchen with high-end integrated paneled appliances and quartz countertops. The bathrooms are spa-inspired with contemporary dual vanities and large walk-in showers. As a new build, all mechanical, electrical, and plumbing systems are new with zero physical depreciation or deferred maintenance.
As a brand-new 2026 construction, this residence features double-height ceilings, white oak finishes, and a versatile mezzanine level, offering a sophisticated and airy contemporary aesthetic.
The expansive 10-foot sliding glass doors connect the great room to a private deck, maximizing natural light and creating an ideal environment for the quintessential California lifestyle.
Situated in a highly walkable pocket near the Silver Lake Reservoir and Griffith Park, the property provides immediate access to top-tier dining, boutiques, and outdoor recreation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1598, 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 association fee of approximately $698 per month adds a significant recurring carrying cost to the ownership of this two-bedroom condominium.
Despite its location tucked into the hills of Silver Lake, the property listing indicates no specific views, which may be a drawback for buyers seeking the area's iconic vistas.
Atria is a collection of sixteen modern residences 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. Residence 106 is designed for seamless indoor-outdoor living, anchored by a spacious great room that opens to a private deck through expansive 10-foot sliding glass doors. With double height ceilings, natural light pours in, highlighting the white oak finishes that soften the contemporary aesthetic. The mezzanine provides an ideal space for a home office or gym. A chef's kitchen features a full suite of appliances seamlessly integrated into paneled cabinetry, complemented by refined quartz countertops and a grand peninsula. The primary suite features ample closet space and a spa-inspired bathroom with dual vanities and a large walk-in shower. A secondary en-suite bedroom, laundry closet, powder room, and additional storage complete the residence. Each home also includes two dedicated parking spaces and a private storage unit. Perfectly 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,598 | 1,243 | 85% |
| Lot Size | - | 16,566 | 15% |
| Price | $1.80M | $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
$1,799,000
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