FOR SALE TIC UNIT | 242 Hill Street| $799,000

FOR SALE TIC UNIT | 242 Hill Street| $799,000

Historic Ocean Park Bungalow

242Hill.com

A rare offering, two blocks from Main and four blocks from the beach, this Historic detached/stand-alone Ocean Park bungalow is one to fall in love with.  Welcome to your Santa Monica home. This updated 1-bedroom is bright and stunning with original details, vintage windows, built-in dining room bench, remodeled kitchen and luxurious bath, hardwood floors, and more. This charming home comes complete with plentiful outdoor space including a front yard for your green thumb, covered front porch for quiet mornings over a cup of tea, and a private back yard for gatherings with friends and family under the stars. Summer nights and ocean breezes are calling, your new beach cottage awaits.  
 
Low HOA’s, central AC and heat and laundry in-unit round out this jewel in this four-unit community.  This is the first bungalow available.  All three 1-bedrooms will be for sale.

Details

  • 242 Hill Street
  • 1 BED/ 1 BATH
  • SQUARE FEET: 460 SQ/FT
  • LIST PRICE: $799,000
  • TIC SALE WITH AS LITTLE AS 10% DOWN FINANCING



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 and Founder of The Rental Girl

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.

Share This Post

Leave a reply

*