FOR SALE! New TIC Community | 5057-5059 1/2 Shipley Glen Drive | Highland Park | $350,000-$435,000

FOR SALE! New TIC Community | 5057-5059 1/2 Shipley Glen Drive | Highland Park | $350,000-$435,000

Nestled on the hillside in a great Highland Park location that is only a few blocks to Figueroa shops, cafes, bars and restaurants, this intimate 4-unit community that features two side-by-side duplexes with traditional 1960s architecture and new dual-paned windows with verdant views of the hills. Sunshine spills into these bright, airy, and spacious rooms with high ceilings, wide-planked white oak engineered wood flooring, new designer lights and fixtures, and remodeled kitchen and en-suite baths. With in-unit laundry, new A/C and heat, ample closet space, off-street parking, private entry, and private front and back patios for three of the units, this is a rare opportunity to buy into LA’s hippest neighborhood at an affordable price with a low HOA.



5059 Shipley Glen Drive


5059 1/2 Shipley Glen Drive


Details

5057 Shipley Glen Drive / $350,000 / 525 SQ FT / 1 BED/ 1 BATH
*Photos Coming Soon

5057 1/2 Shipley Glen Drive / $375,000 / 525 SQ FT / 1 BED/ 1 BATH
*Photos Coming Soon

5059 Shipley Glen Drive / $400,000 / 700 SQ FT / 2 BED/ 1 BATH

5059 1/2 Shipley Glen Drive / $435,000 / 700 SQ FT / 2 BED/ 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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