$3,595,000
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.
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Listed by Donovan Healey with Coldwell Banker Realty (818) 788-5400
Property Type
Single Family Residence
Status
Active
MLS Number
26803259
Year Built
2026
Lot Size
7,793 sq ft