FOR SALE! New TIC Community | The Lilac Terraces| Echo Park | $199,000-$499,000

FOR SALE! New TIC Community | The Lilac Terraces| Echo Park | $199,000-$499,000

The Lilac Terraces

Welcome to The Lilac Terraces, an original 1920’s Spanish 9-unit community tucked into the hillside above Sunset in the heart of Echo Park, close to it all. Gorgeously re-envisioned – a pairing of Spanish influences with timeless beauty, another project presented by Reservoir Partners. The design highlights a simple richness in the original vintage details, including original faux fireplaces and fixtures, French windows and doors, and modern upgrades including new white oak flooring throughout, new kitchens and updated bathrooms. Additionally, the units feature an office nook, in-unit laundry, ductless AC and heat, private front and back patios. This 9-unit community compound sprawls up Lilac Terrace, with private entrances for each unit. Shops and restaurants on Sunset Blvd. a few feet away, hikes and trails in Elysian Park a block away, and Dodger Stadium a stones throw away.


1329 LILAC TERRACE


1331 LILAC TERRACE


1333 LILAC TERRACE


1335 LILAC TERRACE


1337 LILAC TERRACE


1339 LILAC TERRACE


1341 LILAC TERRACE


1341 1/2 LILAC TERRACE


Details

  • 1327 LILAC TERRACE / $799,000 / 1320 SQ FT / 3 BED/2 BATH + STORAGE
  • 1329 LILAC TERRACE / $459,000 / 656 SQ FT / 1 BED/1 BATH + OFFICE
  • 1331 LILAC TERRACE / $479,000 / 656 SQ FT / 1 BED/1 BATH + OFFICE
  • 1333 LILAC TERRACE / $479,000 / 656 SQ FT / 1 BED/1 BATH + OFFICE
  • 1335 LILAC TERRACE / $479,000 / 656 SQ FT / 1 BED/1 BATH + OFFICE
  • 1337 LILAC TERRACE / $479,000 / 656 SQ FT / 1 BED/1 BATH + OFFICE
  • 1339 LILAC TERRACE / $499,000 / 656 SQ FT / 1 BED/1 BATH + OFFICE
  • 1341 LILAC TERRACE / $429,000 / 403 SQ FT / 1 BED/1 BATH
  • 1341 1/2 LILAC TERRACE / $199,000 / 656 SQ FT / STUDIO/1 BATH

TIC sale with financing available – with as little as 10% down thru Sterling Bank. Please contact listing agent to be connected with a loan officer who is familiar with TIC loans.



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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