PENDING! New TIC Community | 1172 – 1174 Westmoreland, Virgil Village | $449,000-$749,000

PENDING! New TIC Community | 1172 – 1174 Westmoreland, Virgil Village | $449,000-$749,000


Spanish Courtyard Charmer

This romantic Spanish-style courtyard complex just a few blocks to Silver Lake Sunset Junction will make your heart swoon. The courtyard entrance to this intimate 5-unit TIC community is lushly landscaped with multiple patios and seating areas, lined with bougainvillea contrasting against the white stucco facade – simply stunning. Beyond the seafoam painted front doors are light-filled homes, unlike anything else in this price point. These fantastic units check all the boxes, and then some: stackable laundry in-unit, new ductless A/C and heat (central AC and heat in unit 1174), single-car garage parking for all, low HOAs, and recent upgrades to the roof, plumbing, sewer, foundation, and electricity. Only a few short blocks from Erewhon, Dinosaur Coffee and Silver Lake Junction to the east, Home State and Go Get ‘Em Tiger to the north, and Sqirl and Jewel so close, these homes are pretty perfect.


1172 1/2 WESTMORELAND


1174 WESTMORELAND


Details

  • 1172 WESTMORELAND / $449,000 / 625 SQ FT / 1 BED/1 BATH / GARAGE / HOA $261.77
  • 1172 1/4 WESTMORELAND / $475,000 / 620 SQ FT / 1 BED/1 BATH / GARAGE / HOA $261.77
  • 1172 1/2 WESTMORELAND /$449,000 / 625 SQ FT / 1 BED/1 BATH / GARAGE / HOA $260.87 / PENDING
  • 1172 3/4 WESTMORELAND / $475,000 / 619 SQ FT / 1 BED/1 BATH / GARAGE / HOA $260.69 / PENDING
  • 1174 WESTMORELAND / $749,000 / 1,021 SQ FT / 3 BED/2 BATH / GARAGE / HOA $332.48 / PENDING

TIC sale with financing available – with as little as 10% down payment.



ABOUT THE RENTAL GIRL & HOW WE GOT INVOLVED WITH TENANTS IN COMMON
(TIC):

  • Read more about TIC ownership HERE
  • Download a copy of our TIC Field Guide HERE
  • View all our current TIC offerings HERE
  • The Rental Girl + TIC + Our Story HERE
  • Visit Andy Sirkin’s website for more research on TIC sales HERE
    (Andy is the TIC attorney who pioneered TIC sales in the early 80’s in San Francisco. His website has a wealth of info on TIC ownership).
  • View TRG + TIC in the News, for Press & Media go HERE
  • If you are a buyer or investor interested in purchasing or developing a TIC, contact an experienced TIC Realtor® on our team.
Liz McDonald Broker and Founder of The Rental Girl

Elizabeth McDonald, Broker & TIC Co-Lead
liz@therentalgirl.com
The Rental Girl
323-313-5780 / Cell
BRE Lic #: 01449897 


ABOUT THE RENTAL GIRL & HOW WE GOT INVOLVED WITH TENANTS IN COMMON
(TIC):

The Rental Girl (therentalgirl.com) is a full service Real Estate brokerage specializing in residential leasing and sales. We have been serving renters and landlords since 2004. We work with thousands of Los Angeles renters each year, and many of these renters are qualified to buy, but can’t afford or find a home in a neighborhood they want to live. In 2016, a client of ours introduced us to TIC ownership and we saw immediately how many renters and entry level buyers in LA could benefit from a TIC market here. We met with Sterling Bank, who was working actively to pioneer a TIC market in LA, and other San Francisco vendors. And so began our research on TICs. Since then, we have helped bring many TIC units to the market, and we have many new TIC communities coming soon. With every new TIC building that hits the market, more renters, landlords and realtors are discovering TIC sales and the TIC movement is growing rapidly. We love to share our accumulated knowledge, and support our real estate colleagues, landlords and renters and the TIC community.

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