TIC UNIT FOR SALE | 2034 5th St. Bungalow | $679,000

TIC UNIT FOR SALE | 2034 5th St. Bungalow | $679,000

Bright Yellow Bungalow in Ocean Park 

http://20345thstreetd.com/

This charming and historic bungalow is secluded amongst mature trees and California native landscaping, and tucked behind an intimate four-unit community. Featuring a private fenced-in rear yard perfect for gatherings by the fire, this quaint, bright and completely remodeled detached home will wow you. With vintage notes, new hardwood white oak flooring, open layout, and an inviting sitting porch, this mighty bungalow feels like a mountaintop transplant in coveted Ocean Park. Offering modern amenities including stainless steel appliances, in-unit laundry AC/Heat and low HOA’s. Four blocks from the beach and three blocks from Main Street’s renowned cafes, shops, and restaurants.

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

 

 

Details

  • 2034 5th St. Unit D
  • 1 BED/ 1 BATH
  • SQUARE FEET: 488 SQ/FT
  • LIST PRICE: $679,000
  • 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 tenants in common Los Angeles community.

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