2051 Lake Shore
Los Angeles, CA, 90039 $ 1,150,000
Baths1.0 Sq 1,782 Monthly Estimate*
$ 7,081
Listed by Coldwell Banker Realty Pasadena
Studio for $1,150,000 with 1 full bath. This 1,782 square foot home was built in 1940 on a lot size of 0.1486.
Tucked into the lush, storied hillsides of North Elysian Heights, this one-of-a-kind 1940s triplex is so much more than an investment property — it's an entire world unto itself. Three separate addresses (2051, 2053 & 2053½) sit nestled among mature trees, cascading bougainvillea, and layered gardens that give the compound the feel of a private botanical sanctuary in the middle of Los Angeles. A Property That Tells a Story From the moment you step through the gated entry off Lake Shore Ave, the character is undeniable. A beautifully planted walkway lined with agave, tropical foliage, potted succulents, and white river rock leads you past the front building — a classic stucco structure with green-trimmed windows and a charming arched stained glass accent — and deeper into a lushly planted compound that unfolds like a series of secret garden rooms. String lights canopy the pathways between buildings, while each unit enjoys its own private outdoor space tailored with personality — brick patios, bamboo fencing, a shade sail courtyard furnished with wicker loungers and a canopy daybed, a putting green tucked alongside one of the units, and even an artist's mural gracing an exterior wall. This is the rare property where the outdoor spaces are as compelling as the interiors. The Buildings The front building fronts the street with classic 1940s stucco construction, green-trimmed windows, and a covered entry stair flanked by lush plantings. Behind it, the compound climbs the hillside through tiered gardens to a two-story rear structure with soaring exterior walls, generous windows, and a private balcony entry — a true treetop retreat. A detached three-car garage runs along the street frontage, offering exceptional parking that is virtually unheard of for a multi-unit property in this neighborhood. Each of the three units (2051, 2053, and 2053½) has its own distinct entry, outdoor area, and sense of privacy. The Location Elysian Heights is one of Los Angeles' best-kept secrets — a quiet, tree-canopied hillside community perched above Echo Park and Silver Lake, beloved by artists, creatives, and professionals drawn to its authentic neighborhood feel.
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FeaturesGeneralSewer Public Sewer
Garage Spaces 3
Pool Features None
Year Built 1940
Tenant Pays Electricity Gas
Property Subtype Triplex
Gross Income 76008
Community Features Foothills Street Lights Sidewalks
County Los Angeles
Net Operating Income 52879
Operating Expense 23129
Insurance Expense 3625
New Construction false
Property Type Residential Income
MaintenanceExpense 356
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Lake Shore Avenue and Baxter Avenue
City Los Angeles
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 3
Number Of Units Total 3
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6471
Number of Units Leased 3
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 15075
Water Sewer Expense 1500
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 3
Property Sub Type Additional Triplex
Taxes 14375
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InteriorTotal Stories 1
Common Walls No Common Walls
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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ExteriorParking Features Assigned Garage Faces Front Garage
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 6
Lot Size Area 6471
Number of Buildings 3
Building Area Total 1782
Lot Size Acres 0.1486
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesList ByColdwell Banker Realty PasadenaBroker
robert.ip@cbcnrt.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,081
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,920,724
Percent of Sale Price 67%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/9/2026 | $1,150,000 | | Listed Price |