
Los Angeles, California 90026
This Turnkey Hillside Sanctuary is a High-Potential Investment Opportunity, listed at $795,000—positioned well below the $931,183 Fair Market Value by 14%. This valuation gap offers $136,183 in Instant Equity. Featuring an Excellent Condition Rating, the home boasts modernized systems, panoramic treetop views, and a versatile creative studio. While the school district offers mixed ratings, the property’s rare two-car garage and private garden provide significant lifestyle value. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready hillside retreat.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations (likely <5 years) featuring a modern kitchen with subway tile and quartz counters, and updated bathrooms with custom vanities and vessel sinks. All critical systems have been modernized, including central HVAC, copper plumbing, updated electrical, and a tankless water heater, placing it in mint, move-in condition.
The property features oversized picture windows that frame unobstructed treetop and hillside views, creating a serene, light-filled 'treetop abode' atmosphere that maximizes its elevated position.
Rare for the Elysian Heights area, the home includes two separate garage spaces and extensive modern upgrades, including central HVAC, copper plumbing, and updated electrical systems.
The lower level offers a flexible bonus space with polished concrete floors and industrial accents, providing an ideal footprint for a professional studio, home office, or media room.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1295, other record living area = 2209. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Classified as a condominium despite being a standalone home, the $375 monthly association fee and potential underlying ownership type may complicate traditional financing or deter fee-simple buyers.
While the neighborhood is highly desirable, the assigned local elementary school has a lower rating (3/10), which may be a point of concern for families prioritizing immediate school district performance.
Located on a quiet, charming street in one of Elysian Heights' most desirable pockets, 2136 1/2 Lemoyne Street is a rare standalone hillside home that feels like a treetop abode. Beautifully updated while maintaining its original 1947 character, the home offers a creative two-level layout, with two bedrooms and one bath upstairs, warm hardwood floors, and an effortless living and dining flow. Upon entering, you immediately feel elevated above the surrounding neighborhood, as oversized picture windows frame unobstructed treetop and hillside views, bringing the outdoors into nearly every room and filling the home with natural light. The open living and dining area connects seamlessly to the kitchen, while both bedrooms enjoy leafy outlooks. The bathroom adds a bit of personality with a custom wood vanity, vessel sink, and penny-round tile accents. On the lower level, polished concrete floors and exposed piping bring an industrial edge to a versatile bonus space, ideal as a creative studio, home office, media room, or additional living area. An additional bathroom and dedicated laundry room add everyday convenience. Outside, a lush garden creates a private sanctuary, with mature apple, tangerine, orange, persimmon, and loquat trees, along with multiple inviting spaces to relax and gather. A covered lower patio with warm wood-paneled ceilings features a freestanding outdoor sauna, while the upper balcony offers a beautiful perch for morning coffee and sunset cocktails overlooking the surrounding hills. Behind the scenes, extensive improvements include central HVAC, copper plumbing, a dedicated tankless water heater, updated electrical, and sewer line improvements. Two separate garage spaces offer exceptionally rare parking options in the area, with additional flexibility for storage. Moments from Elysian Park hiking trails and Echo Park Lake, and a short stroll from neighborhood favorites including Canyon Coffee, Bacetti, Henrietta's, Clark Street Bakery, and Dada Echo Park, this is a special combination of standalone living, serene privacy, character, thoughtful updates, and neighborhood convenience in one of Los Angeles' most beloved hillside neighborhoods.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,295 | 1,252.996 |
| Lot Size | 7,507 | 26,029.603 |
| Price | $795.0K | $778.5K |
| Price per sq ft | $614 | $629 |
| Built year | 1947 | 1981 |
| HOA | $375.0 | $676 |
| Days on market | 4 | 74 |
Nov 5, 2026
$795,000
Initial Listing
Mar 3, 2015
$840,000
Public Record