SOLD I TIC UNIT | 424 N Rampart Blvd. | $499,000

SOLD I TIC UNIT | 424 N Rampart Blvd. | $499,000

Awesome Unit in Echo Park For Sale!

424nrampart.com

Fabulous deal in Echo Park/Historic Filipinotown – Completely renovated corner unit with 3 beds, 2 full baths, front porch and a private grassy gated yard! Small 4-unit HOA and low HOA dues. The property has been updated and remodeled head to toe – including new paint, new dual pane windows, new HVAC system, new copper plumbing, new electrical, tankless water heater, foundation has been retrofitted – the works! And the interior features: new wood flooring, all-new modern kitchen and bathrooms, all appliances including in-unit washer/dryer included in sale. It doesn’t get much better than this! Move-in, or rent it out! Looking for an investment? This is a great option. With 20% down, rent would cover the mortgage.

Located on the boarder of Echo Park close to the lake, a few blocks to the new hip restaurant Doubting Thomas. Close to the 101 (concerned about noise? Don’t worry, it’s shockingly quite!), easy commute.

All 4 units in this building are on the market- grab your friends and create a fabulous community. This is a new TIC offering and a great condo alternative!

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

Details:

424 N Rampart Blvd., Echo Park 90026
3 BED/ 2 BATH
SQUARE FEET: 1050 SQ/FT
LIST PRICE: $499,000

Contact Listing Agent For More Info:

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 fractional 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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