Highland Park Modern Retreat in the Hills
Nestled on the hillside in a great Highland Park location just blocks away from Figueroa shops, cafes, bars and restaurants, this modern one bedroom retreat is at the back of an intimate 4-unit community with traditional 1960s architecture and new dual-paned windows with verdant views of the hills. Sunshine spills into the bright, airy, and spacious living room with high ceilings, wide-planked white oak engineered wood flooring, and new designer lights and fixtures. The open-shelving kitchen has new cabinets and butcher block counters, garbage disposal, refrigerator and stove with custom hood vent, and the updated spa-like bath feature all new beautiful tile floors in natural tones, a soaking tub, tiled shower walls and faucet and new bath sink and cabinet. With in-unit laundry, new A/C and heat, ample closet space, off-street parking, private entry, and private back patio and yard, this is a rare opportunity to buy into LA's hippest neighborhood at an affordable price with a low HOA.
Please note that we are limited to one bank for lending options on this unit, due to square footage minimum requirements by TIC lenders. We can only accept offers with 20% down payment minimum, or all-cash offers. Please inquire with us for details.
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features
- Intimate 4-unit community
- Great Highland Park location
- A few blocks to Figueroa shops, cafes, bars and restaurants
- Traditional 1960's architecture
- Two side-by-side duplexes
- Each unit shares only one wall
- Private front and back patios for three units
- One single-car uncovered parking space per unit
- Bright, airy and spacious rooms
- High ceilings
- Ample closet space
- New dual pane windows
- Single-panel interior doors
- New glass wood exterior front doors
- White oak engineered wood flooring
- Laundry in-unit
- New stackable washer/dryer included
- Recently renovated
- New designer lights and fixtures throughout
- Remodeled kitchen and baths
- New butcher block counters
- New kitchen cabinets
- Open shelving in kitchen
- New appliances
- Stove and fridge included
- New garbage disposals
- Custom hood vents
- Updated bathrooms
- New tile flooring in bath
- New soaking tubs in baths
- New tiled shower walls and new shower faucet
- New bath cabinets and sinks
- New fences and gates
- New tankless water heater 5059-5059 1/2
- Existing water heaters in good condition 5057-5057 1/2
- New mini-split ductless AC & heat
- New sub-panels 2021
- 5059-5059 1/2 new roof 2021
- 5057-5057 1/2 roof serviced 2021
- Updated to pex and copper plumbing 2021
- Foundation repairs performed 2021
- Termite clearance prior to COE
details
5057 - 5059 1/2 Shipley Glen Drive, HOA, a Tenants in Common (TIC) Community:
- Intimate 4-Unit HOA
- Minimum 20% down
- HOA covers insurance, gardener, water, finance management
- Each owner pays for their unit gas and electricity (each unit is individually metered for gas and electricity)
- The insurance covers the entire property and satisfies lender requirements
- Pets are allowed
- Rental restrictions apply, please inquire
- No permission needed to sell your unit
- With TIC you have similar usage and renovation rights as a condo owner
- All units are being offered for sale for the first time
- We do not need to close multiple units concurrently
- We can close one unit at a time
- HOA dues $200/month
Highland Park
- bedrooms
- 1 Bedroom
- baths
- 1 Bath
- type
- 4-Plex
- sq. ft.
- 510 Sq. Ft.
- List Price:
- $450,000.00
- notes
- pets
