FOR SALE // NEW TIC COMMUNITY // 1548-1550 1/2 S Van Ness Ave // Arlington Heights // $549,000

FOR SALE // NEW TIC COMMUNITY // 1548-1550 1/2 S Van Ness Ave // Arlington Heights // $549,000


1548: A gorgeous 1920’s Spanish 4-plex with Hollywood charm in Arlington Heights, set behind an iron fence and green hedges, centrally located in coveted Mid-City. Old-world character abounds in this gently restored and beautifully updated 4-unit community. With an open floor plan and lots of windows and glass doors, this masterful flat feels more like a grand loft and unlike anything you’ve seen in this price point. This ground-floor unit features an abundant amount of light and sliding doors that open to your private deck, with steps down to your own private gated yard, perfect for outdoor dining, entertaining, and your furry friends. Inside: a decorative faux fireplace, dual-pane windows, designer fixtures, and new natural-tone flooring. The clean and crisp renovated kitchen is open to the living area and features floating shelves, all new appliances including fridge, stove and dishwasher. Perfectly central to all in LA – Historic Arlington Heights was where at the turn of the century Angelenos moved so they could enjoy the views and cool breezes of the ocean, while still commuting via streetcar into downtown for work and entertainment. Travel down the street to grab a coffee at Alibi, lunch at Pasta Sisters with their famous fresh, handmade pasta, Arlington Heights has your culinary needs met and a pretty incredible community to boot. Home to Gallery Row on Washington anchored by the Underground Museum, blocks from K-town, minutes from Culver City. In-unit laundry, mini-split AC & heat, ample closets including a primary walk-in, and covered parking included with this unit.

1550 1/2: A gorgeous 1920’s Spanish 4-plex with Hollywood charm in Arlington Heights, set behind an iron fence and green hedges, centrally located in coveted Mid-City. Old-world character abounds in this gently restored and beautifully updated 4-unit community. With an open floor plan and lots of windows and glass doors, this masterful flat feels more like a grand loft and unlike anything you’ve seen in this price point. Featuring an abundant amount of light, an enclosed front porch and covered balcony off the primary suite. Inside: a decorative faux fireplace, dual-pane windows, designer fixtures, and new natural-tone flooring. The clean and crisp renovated kitchen is open to the living area and features floating shelves, all new appliances including fridge, stove and dishwasher. Perfectly central to all in LA – Historic Arlington Heights was where at the turn of the century Angelenos moved so they could enjoy the views and cool breezes of the ocean, while still commuting via streetcar into downtown for work and entertainment. Travel down the street to grab a coffee at Alibi, lunch at Pasta Sisters with their famous fresh, handmade pasta, Arlington Heights has your culinary needs met and a pretty incredible community to boot. Home to Gallery Row on Washington anchored by the Underground Museum, blocks from K-town, minutes from Culver City. In-unit laundry, mini-split AC & heat, ample closets including a primary walk-in, and covered parking included with this unit.


1548 S Van Ness


1550 1/2 S Van Ness



Details

1548 S Van Ness Ave / 840 SQ FT / 2 BED / 2 BATH / LIST PRICE $549,000

1548 1/2 S Van Ness Ave / 1010 SQ FT / 2 BED / 2 BATH / LIST PRICE $549,000 / COMING SOON

1550 S Van Ness Ave / 840 SQ FT / 2 BED / 2 BATH / LIST PRICE $549,000 / COMING SOON

1550 1/2 S Van Ness Ave / 1010 SQ FT / 2 BED / 2 BATH / LIST PRICE $549,000

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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