SOLD! | NEW TIC COMMUNITY | 5847-5849 1/2 Ernest Ave | Los Angeles | $649,000

SOLD! | NEW TIC COMMUNITY | 5847-5849 1/2 Ernest Ave | Los Angeles | $649,000


This prime Culver City Arts District community includes four newly renovated units in a beautiful Spanish 4-plex.

Each home features private entrances, open layouts, AC units, remodeled kitchens and baths, in-unit laundry, and more. Lower units feature private front yards, upper units feature private west-facing balconies.

5847 + 5849: (Lower units) A rare offering in sought-after trendy Culver City Art District, an updated Spanish retreat for those seeking a sophisticated lifestyle. This thoughtfully reimagined 2 bedroom, 2 bath enjoys a spacious, private front yard and covered west-facing front porch, perfect for early mornings and gatherings under the stars. The open living area boasts a comfortable layout, open to the kitchen with a charming breakfast nook. The new dual pane windows throughout fill the interior with bright sunshine and cool ocean breezes, with stylish modern design, shaker kitchen cabinets, warm wood countertops, and designer touches. This intimate 4-unit community just underwent a major renovation including all new electrical and more. This lower unit features one parking space, low HOAs, laundry in-unit, and new appliances. Tartine, Cumulus District with the new Wholefoods, Culver Studios, Apple Headquarters, The Culver Steps, Microsoft, Trader Joe’s, and most importantly the best falafels at Mizlala all conveniently close by. 

5847 1/2 + 5849 1/2: (Upper units) A rare offering in sought-after trendy Culver City Art District, an updated Spanish retreat for those seeking a sophisticated lifestyle. This thoughtfully reimagined 2 bedroom, 2 bath upper unit enjoys panoramic city views and a west-facing covered balcony, perfect to take in stunning sunsets. The open living area boasts a comfortable layout, open to the kitchen with a charming breakfast nook. The new dual pane windows throughout fill the interior with bright sunshine and cool ocean breezes, with stylish modern design, shaker kitchen cabinets, warm wood countertops, and designer touches. This intimate 4-unit community just underwent a major renovation including all new electrical and more. This upper unit features one parking space, low HOAs, laundry in-unit, and new appliances. Tartine, Cumulus District with the new Wholefoods, Culver Studios, Apple Headquarters, The Culver Steps, Microsoft, Trader Joe’s, and most importantly the best falafels at Mizlala all conveniently close by.


5847 Ernest Ave (ACTIVE)


5847 1/2 Ernest Ave (ACTIVE)



Details

5847 Ernest Ave / 745 SQ FT / 2 BED / 1.5 BATH / LIST PRICE $649,000 / SOLD

5847 1/2 Ernest Ave / 760 SQ FT / 2 BED / 1.5 BATH / LIST PRICE $649,000 / SOLD

5849 Ernest Ave / 735 SQ FT / 2 BED / 1.5 BATH / LIST PRICE $649,000 / SOLD

5849 1/2 Ernest Ave / 750 SQ FT / 2 BED / 1.5 BATH / LIST PRICE $649,000 / SOLD

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