
Los Angeles, California 90039
This High-Potential Investment Opportunity is a brand-new architectural compound listed at $3,495,000, positioned well below the $3,595,000 Fair Market Value by 2%. This valuation gap offers $100,000 in Instant Equity. Featuring a 2026 New Construction status and an Excellent Condition Rating, the property includes a private pool, spa, and panoramic city views. This dual-residence layout is ideal for Buy-and-Hold Investors or Owner-Occupants seeking luxury living with significant short or long-term rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1903 Lake Shore Avenue Subject | $3,199,000* List Price | 6 | 7 | 3,342 | $957 | - |
A 2239 Brier Avenue Active | $3,495,000 List Price | 6 | 6 | 3,527 | $991 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 construction architectural compound. Both residences feature mint-condition modern kitchens with high-end cabinetry, designer bathrooms with contemporary tile work and floating vanities, and brand-new HVAC and electrical systems. As a new build, it requires zero maintenance and meets the highest standards of modern luxury.
This rare architectural compound features two fully independent homes, offering significant versatility for multi-generational living or high-yield rental income in a high-demand neighborhood.
Unlike most hillside properties in Echo Park, this estate provides a large garage and off-street parking for up to 8 vehicles, representing a massive value-add for the area.
As a 2026 new construction, the property boasts contemporary design, seamless indoor-outdoor flow, and a private pool, spa, and cabana complex that is difficult to find in Elysian Heights.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3342, other record living area = 1812. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 2.
The configuration of two large residences on a hillside lot may result in limited traditional flat yard space and a sense of density compared to traditional single-family estates.
Positioned at the top of the local market with a recent price reduction, the property’s valuation requires a specific buyer looking for a niche compound rather than a standard luxury home.
BRAND NEW CONSTRUCTION! TWO HOMES ON ONE LOT! MIXED USE POTENTIAL! 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 new construction compound.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 7.0 | 2.0 |
| Square foot | 3,342 | 1,672 |
| Lot Size | 7,792 | 6,067 |
| Price | $3.20M | $1.37M |
| Price per sq ft | $957 | $801 |
| Built year | 2026 | 1939 |
| HOA | $0 | $348 |
| Days on market | 84 | 56 |
Jun 18, 2026
$3,199,000
$3,495,000
-8% Price Drop
Initial Listing
May 31, 2026
$3,495,000
$3,595,000
-3% Price Drop
Initial Listing
Apr 29, 2026
$3,595,000
Initial Listing
Nov 26, 2019
$405,000
Public Record