1614 Grafton Street, Los Angeles, California 90026

$1,249,000

Bedrooms

4

Bathrooms

2

Square Feet

1,473 sqft

City

Los Angeles

Status

Active

Rare opportunity to own two fully renovated units on one lot with no common walls, offering the feel of two separate homes. Both units are in excellent condition and filled with charm and character, each featuring in-unit washer and dryer and private outdoor spaces for added comfort and livability. The property offers a highly desirable double-wide driveway, accommodating two cars side-by-side or up to four cars in tandem an uncommon convenience in this area. One unit is listed at 786 sq ft but includes an additional approximately 120 sq ft loft, bringing the total usable living space closer to 900 sq ft. Ideally located in prime Echo Park, just one-third of a mile north of Sunset Boulevard's vibrant shops and restaurants, and only a 5-minute walk to Elysian Park one of Los Angeles' largest green spaces spanning over 600 acres. Recent upgrades include a brand new roof on the rear unit, adding to the property's overall appeal and low-maintenance profile. Both units are occupied by long-term tenants paying strong rents that are still approximately 15% below current market levels, offering immediate income with future upside potential. Perfect for an investor or owner-user looking to live in one unit while renting the other to offset expenses and enjoy a manageable monthly payment..