Their home arena is the Firestone Fieldhouse, a multi-purpose facility that hosts basketball, volleyball, and many other athletic and university events.

They share this facility with the Pepperdine Waves men's basketball team.

Most recently in 2019 they made it to the Sweet Sixteen of the Women's National Invitational Tournament.

The Waves made two appearances in the AIAW National Division II basketball tournament, with a combined record of 1–2.

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