1614 Grafton ST, Los Angeles, CA 90026
1614 Grafton ST, Los Angeles, CA 90026
1614 Grafton ST, Los Angeles, CA 90026
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$1,249,000
Est. payment /mo
4 Beds
2 Baths
1,473 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,473 sqft

Price per Sqft $847

MLS Listing ID 26671257

Bedrooms 4

HOA Y/N No

Year Built 1912

Lot Size 6,655 Sqft

Property Description

Rare opportunity to own two fully renovated units on one lot with no common walls, offering the feel of two separate homes, located in arguably the most sought after location 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 beautiful 600 acre Elysian Park. 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. 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. If you are not familiar with the City of LA rules about how to occupy a dwelling as an owner even if it is already occupied by a tenant, please contact me or have your agent contact me and I will walk you/them through the steps of how it is done. It is actually quite simple.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LARD2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Refrigerator, Dryer, Washer

Exterior

Parking Features Driveway

Total Parking Spaces 4

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5419015023

Special Listing Condition Standard


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Listed by Ken Shapiro Silverwood Properties #01715663

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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1614 Grafton ST