FOR SALE | NEW TIC COMMUNITY | 2940-2942 1/2 9th Ave | West Adams | $549,000

FOR SALE | NEW TIC COMMUNITY | 2940-2942 1/2 9th Ave | West Adams | $549,000


This prime West Adams community includes four newly renovated units in a beautiful Spanish 4-plex, and one new construction detached unit in back. The two lower units and back house will all come with private yards.

Each home features private entrances, open layouts, AC units, remodeled kitchens and baths, in-unit laundry, and more.

2940: (Lower unit with yard) 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 floorplan 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. 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. 

2942 1/2: (Upper unit) 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 9th Ave



2942 1/2 9th Ave





Details

2940 9th Ave / 1022 SQ FT / 2 BED / 1 BATH / LIST PRICE $549,000

2942 1/2 9th Ave / 1018 SQ FT / 2 BED / 1 BATH / LIST PRICE $549,000

2942 9th Ave (Coming Soon) / 938 SQ FT / 2 BED / 1 BATH / LIST PRICE TBD

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
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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