FOR SALE | TIC UNIT | 309 1/2 Newland St | Highland Park | $549,000

FOR SALE | TIC UNIT | 309 1/2 Newland St | Highland Park | $549,000

309halfnewlandst.com

Welcome to a one-of-a-kind stunning oasis in the heart of bustling Highland Park. Private, gated, lush and peaceful, this two-bedroom home, hidden from the street, with a detached bonus home office (currently being used as a recording studio) and magical yard will take your breath away. Renovated in 2019 with new light fixtures, tiled backsplash and floating shelves in the kitchen – all perfect modern compliments to this peaceful abode. With three sets of French doors, all rooms open to the yard for fluid indoor/outdoor living, the two light-filled bedrooms placed on opposite sides of the living room, both open to the yard as well. And it’s not just any epic yard, it’s an experience you must see to understand: a multitude of fruit trees, raised veggie beds, terra cotta patios, outdoor clawfoot tub surrounded by bougainvillea, blackberries and a guava tree, an outdoor shower with wood enclosure, drought-tolerant ground covering spread across a raised berm, beckoning you to sit back, watch an outdoor movie, or just chill and take in the surroundings. Ductless AC and heat in both the home and detached home office, stackable washer/dryer included. One block to York and Figueroa – all your favorite HLP hot spots are minutes away and waiting to be discovered. 


309 1/2 Newland St


Details

309 1/2 Newland St / 660 SQ FT / 2 BED / 1 BATH / LIST PRICE $549,000

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

Elizabeth McDonald, Broker & TIC Co-Lead
[email protected]
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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