1903 Lake Shore Avenue, Los Angeles, CA 90039

• 6 beds |
• 7 baths |
• 3,342 sqft

Property Description

INCOME POTENTIAL NEW CONSTRUCTION! TWO HOMES! An exceptionally rare architectural compound designed for those seeking something truly unique, where thoughtful design, privacy, and versatility converge in the Echo Park/Silver Lake area. Tucked into the peaceful canyon hills of Elysian Heights, this property offers a serene retreat above the city while remaining moments from the energy of Silver Lake and Echo Park, creating a rare balance between nature and urban living. Spanning approximately 3,400 square feet across two fully independent residences, the layout is intentionally designed to function as two separate homes connected by a central outdoor setting with pool, spa, and cabana, creating space, separation, and a true compound feel. The main residence offers approximately 2,200 square feet with 3 bedrooms, 3.5 baths, and a dedicated office, finished with clean contemporary lines, hardwood floors, and a beautifully designed kitchen that opens to expansive living areas and seamless indoor-outdoor flow. Elevated above, the detached second residence spans approximately 1,200 square feet and lives as its own private home with a separate gated driveway, entrance, and yard, positioned to capture captivating views of the Downtown LA skyline, ideal for short or long term rental income, a music or creative studio, guest house, or private work-from-home environment. Designed as a smaller-scale expression of the main home, it features a spacious main-level chef's kitchen and open living area that leads to the front elevated yard. With a large garage, parking for up to 8 vehicles, and close proximity to freeways, Dodger Stadium, Silver Lake shops, cafes, parks, and Sprouts market, this is a one-of-a-kind offering that delivers lifestyle, design, and true income potential in one of LA's most sought-after hillside neighborhoods. The ultimate income-generating new construction compound.

Listing Status:

Active

Date Added:

April 29, 2026

Data Last Updated:

May 20, 2026 at 7:06AM

Listing Office:

Coldwell Banker Realty : 818-788-5400

Listing Agent:

Donovan Healey : 310-903-1876

MLS ID:

CL26803259

Interior

• General: Office
• Flooring: Wood
• A/C: Central Air
• Heating: Central
• Fireplace: None

Exterior

• General: Heated
• Style: Contemporary
• Pool: In Ground
• Parking: OtherParking spaces: 8

Construction

• General: 2

Location

• County: Los Angeles

Lot

• Zoning: LAR15420004012
• View: CanyonCity LightsHillsView