1903 Lake Shore Avenue
Los Angeles, CA, 90039
(No pictures available yet)
$3,595,000
MLS: 26803259
Beds
6
Baths
7
Sq Ft
3,342
Lot
0.18 ac
Year Built
2026
MLS #
26803259
Days on Market
8
Listed
Apr 29, 2026
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.
Location
Los Angeles, Los Angeles County, CA 90039
Open on Google Maps ↗Listed by: Donovan Healey · Coldwell Banker Realty
Payment estimate
$25,865
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $359,500 · Loan: $3,235,500
- Principal & Interest
- $20,472
- Property tax (1.25%)
- $3,745
- Homeowners insurance
- $300
- Mortgage insurance
- $1,348
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $125,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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