FOR SALE // NEW TIC // 2940 3/4 9th Ave // Jefferson Park // $449,000

FOR SALE // NEW TIC // 2940 3/4 9th Ave // Jefferson Park // $449,000


This prime Jefferson Park/West Adams community includes four newly renovated units in a beautiful Spanish 4-plex, and a newly constructed detached 5th unit in back.

Each home features private entrances, open layouts, AC units, remodeled kitchens and baths, in-unit laundry, and more. In the back is a large spacious common yard, perfect for outdoor dining and entertaining.

2940 3/4: (Rear detached unit) Now here is a home you have been waiting for. This prefab modern new construction ADU was designed and custom-built in a warehouse and dropped in by crane with painstaking care only a few months ago. Top off “brand new” with eco-friendly: this all-electric (no gas) home comes complete with a new solar panel package, a skylight and rain barrels. Inside, the layout was thoughtfully prepared: open kitchen-living room concept with vaulted ceilings, recessed lights, and carefully placed windows – this space feels spacious, airy and totally comfortable. The kitchen features all-new stainless steel appliances, including a recessed fridge with bottom-drawer freezer and an ice maker/water dispenser, a full-size dishwasher, and a microwave hood fan. There is also a stackable washer/dryer in the home and mini-split AC & heat in each room. The glass panel front and back doors, and primary bedroom slider all lead to private decks. There is also a patio space in front of the uncovered parking spot – perfect for a BBQ and patio dining set. A detached home sharing no walls with private outdoor space, gated and private, parking, AC, laundry in-unit, all appliances included – this is a rare find and a must-see. Intimate 5-unit pet-friendly HOA (there is a 1920s 4-unit 2-story Spanish-style building in front), has beautiful curb appeal, and is located in sought-after Jefferson Park/West Adams, blocks from the best chocolate croissant in LA. Enjoy nearby hotspots like Alta, Highly Likely, Mizlala, Gjohnny Pastrami, and more to come. 

2940 and 2942: (Lower units, each with private yards – SOLD) An impressive Spanish facade faces west with clear views of the horizon, fronted by your own private drought-tolerant fenced-in yard and seating area, a sweet spot for magic hour, your furry friends, gardening, and entertaining. This classic residence lies in sought-after Jefferson Park/West Adams, blocks from the best chocolate croissant in LA, with features that will check all your boxes. First, an open floor plan with white walls, recessed lighting, white oak engineered hardwood floors, renovated kitchen with all new appliances including dishwasher, laundry in-unit, spacious bedrooms, ample closet space, and one parking space included with 2940. A beautifully tiled bath, mini-split AC & heat, and French doors leading to your front deck and yard round out this perfect home. Enjoy nearby hot spots like Alta, Highly Likely, Mizlala, Gjohnny Pastrami, and more to come. 

2940 1/2 & 2942 1/2: (Upper units – SOLD) This classic 1927 Spanish building faces west with clear views of the horizon and stunning LA sunsets. Inside, this upper south/west facing residence has been impeccably renovated with design and function in mind. The open floor plan features a hip new kitchen with soft-tone cabinets, floating shelves, all new appliances (including dishwasher), and a bright living room with French doors and Juliette balcony, and a sweet little bonus office room to boot. The bedrooms are spacious and closets are abundant. The bathroom features dual sinks, designer tile shower enclosure, and linen closet. Enjoy nearby hot spots like Alta, Highly Likely, Mizlala, Gjohnny Pastrami, and more to come. Laundry in-unit, mini-split AC & heat, 1 parking space, recessed lighting throughout, skylights and white oak-engineered hardwood floors make this unit a must-see. 

2940 3/4 9th Ave (ACTIVE)


2942 9th Ave (SOLD)


2940 9th Ave (SOLD)



2940 1/2 & 2942 1/2 9th Ave (SOLD)





Details

2942 9th Ave / 938 SQ FT / 2 BED / 1 BATH / LIST PRICE $540,000 / SOLD

2940 9th Ave / 1022 SQ FT / 2 BED / 1 BATH / LIST PRICE $650,000 / SOLD

2942 1/2 9th Ave / 1018 SQ FT / 2 BED / 1 BATH / LIST PRICE $601,000 / SOLD

2940 1/2 9th Ave / 1018 SQ FT / 2 BED / 1 BATH / LIST PRICE $650,000 / SOLD

2940 3/4 9th Ave / 619 SQ FT / 2 BED / 1 BATH / LIST PRICE $449,000 / ACTIVE


TIC sale with financing available – with as little as 15% down thru Meriwest Credit Union. 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
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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