TENANTS IN COMMON (TIC) SOLD! | 2266 Fargo St. | $490,000 - The Rental Girl Blog

Sold! | Hilltop Silver Lake Bungalow Retreat

Perched in the hills above the Silver Lake reservoir with southernly views of Echo Park hills and the idyllic palm tree-lined LA skyline, this sun-soaked, cabin-like home is in an ideal location. Located in the back of a quaint cottage complex this home stands alone, sharing no walls and comes with its own front balcony, covered deck and gated patio. An open flow with seamless indoor/outdoor access through sliders out to the patio. A block from the reservoir, this home is newly renovated with hickory wood floors, white walls and updated kitchen and bathroom, new windows, new appliances including fridge, stove and washer/dryer. This is the first unit to be available at this beautifully landscaped and fenced community compound. A coffee and scone run is right down the street at LA Mill, tell them we sent you. Easy street parking. This is a Tenants in common sale with an intimate, 4-unit HOA.

TIC sale with financing available – with as little as 10% down thru Sterling Bank, Henry Jeanes, [email protected].

Details

2266 Fargo St.
1 BED/ 1 BATH
SQUARE FEET: 593 SQ/FT
SOLD PRICE: $490,000
TIC SALE WITH AS LITTLE AS 10% DOWN FINANCING

MORE FROM THE RENTAL GIRL ON TIC OWNERSHIP:

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
[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.