TIC UNIT FOR SALE | 2005 2nd Ave | $349,000

TIC UNIT FOR SALE | 2005 2nd Ave | $349,000

Detached 1920’s Spanish in Arlington Heights

A gorgeous Mid-City find! A detached bungalow, perched high up above the common courtyard, and offering views and a flood of light. This intimate 6-unit community boasting Spanish Revival architecture is set in Arlington Heights, and is a must see. With over 700 square feet, this masterful unit with renovated kitchen and bathroom feels more like a home and unlike anything you’ve seen in this price point. Featuring lovely 1920’s details such as built in bookshelves, and a bonus office nook, high ceilings, laundry in-unit and plenty of closet space. All the rooms in this home are spacious and bright, including a large kitchen with dishwasher – truly a historic treasure. 
 
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 street car 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, or Anthony Bourdain’s featured Gish Bac and check out World Harvest grocers, where they donate their leftover produce to the animals at the LA Zoo, 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. Stay in and star gaze under the city lights, enjoy the common quaint back-patios for you and your neighbors to grill, eat and relax. A single car garage is included with this unit.

TIC sale with financing available – with as little as 10% down thru Sterling Bank, Henry Jeanes, HJeanes@sterlingbank.com.

 

Details

  • 2005 2nd Ave. 
  • 1 BED/ 1 BATH
  • SQUARE FEET: 703 SQ/FT
  • LIST PRICE: $349,000
  • 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 GuideHERE
  • 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 

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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