FOR SALE | NEW TIC COMMUNITY | 1650-1652 Lake Shore Ave + 1878 Effie St | Echo Park | $749,000-$999,000

FOR SALE | NEW TIC COMMUNITY | 1650-1652 Lake Shore Ave + 1878 Effie St | Echo Park | $749,000-$999,000


This community includes two newly constructed Echo Park hills homes and one vintage 1912 renovated Craftsman all with private outdoor space.

All three homes are available now. Each home features private entrances and private front, side and back yards. There are two units which only share one small wall, and another home which is completely detached. The newly constructed units feature 14-foot vaulted cathedral ceilings adorned with skylights, crisp white walls and a wall of glass doors leading to the backyard – all of which allow sunlight to flood in. The sun, the openness, the height – coupled with natural elements such as butcher block countertop on the kitchen island, and the warm wood-tone floors, create an organic luxuriousness that will beckon you make one of these your next home. The homes are all tucked back from the street, behind hedges and fencing, which create usable front yards and privacy. Custom kitchens with high-end GE appliances, in-unit laundry with washer/dryer, central AC & heat and 1-parking space (pre-wired with 220v for fast EV charger) each. Low HOA dues.


1652 Lake Shore Ave



1650 Lake Shore Ave



1878 Effie St



Details

1652 Lake Shore Ave / 1056 SQ FT / 2 BED / 1 BATH / LIST PRICE $749,000

1650 Lake Shore Ave / 969 SQ FT / 2 BED / 2 BATH / LIST PRICE $859,000

1878 Effie St / 1125 SQ FT / 3 BED / 2 BATH / LIST PRICE $999,000

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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