TIC UNIT FOR SALE | 4212 Franklin Ave. | $715,000

TIC UNIT FOR SALE | 4212 Franklin Ave. | $715,000

Los Feliz Modern Private Oasis

4212Franklin.com

Nestled in prime Los Feliz at the base of the iconic Shakespeare Bridge, is this completely detached MCM-inspired two bedroom home. The living room boasts bamboo floors which run throughout, with large sliding glass doors providing an abundance of light, and a sensible layout with an updated kitchen. The master bedroom features a sliding glass door out to an enclosed and gated yard with mature landscaping and veggie garden. This is indoor/outdoor living at it’s finest. This home has updated touches but still maintains mid-century charm with tray ceilings and clean lines. Spacious open floor plan, well lit bathroom with oversized skylight, two generous bedrooms, in-unit laundry, newer double pane windows, tankless water heater, central AC and off-street parking for two are some of the features. Ideally located in the Los Feliz hills near all the shops and restaurants on Hillhurst and Vermont Avenue. HOA covers shared water bill & driveway maintenance split with three other homeowners.

This is a new TIC community in Los Feliz! TIC communities are rapidly emerging in LA. For more information on TIC ownership, see www.andysirkin.com. TIC units are a great option for 1st-time homeowners or entry-level buyers. Financing available – with as little as 10% down thru Sterling Bank, Henry Jeanes, HJeanes@sterlingbank.com. Contact listing agent more information or to view.

Intimate 4-unit community with low HOA dues. 

4212 Franklin Ave.

aDetails:

  • 4212 Franklin Ave.
  • 2 BED/ 1 BATH
  • SQUARE FEET:  884 sq. ft. 
  • LIST PRICE: $715,000
  • HOA: $225/month
  • Off Street Parking For Two Cars
  • Tankless Water Heater

For more information, contact Listing Agent:

Liz McDonald, Broker
TRG Realty Company, Inc.
The Rental Girl Sales
323-313-5780 Cell
liz@therentalgirl.com
BRE #: 01449897

MORE FROM THE RENTAL GIRL ON TIC OWNERSHIP:

  • Read more about TIC ownership HERE
  • View all our current TIC offerings HERE
  • View The Rental Girl’s current properties for sale 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 Fran. His website has a wealth of info on TIC ownership).
  • Interesting in purchasing a TIC? Contact an experienced TIC Realtor®

Elizabeth McDonald, Broker & TIC Specialist
liz@therentalgirl.com
TRG Realty Company, Inc.
The Rental Girl
323-313-5780 / Cell
BRE Lic #: 01449897 

ABOUT THE RENTAL GIRL & HOW WE GOT INVOLVED WITH 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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