Highland Park Modern Retreat in the Hills
**March 9th update: No more showings at this time. Multiple offers received**
Nestled on the hillside in a great Highland Park location just blocks away from Figueroa shops, cafes, bars and restaurants, this modern two 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, faucet and new bath sink and cabinet. With in-unit laundry, new A/C and heat, a new tankless water heater, ample closet space, off-street parking, private entry, and private back patio yard, this is a rare opportunity to buy into LA's hippest neighborhood at an affordable price with a low HOA.
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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
- Sewer serviced 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 10% 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 $250/month
Highland Park
- bedrooms
- 2 Bedroom
- baths
- 1 Bath
- type
- 4-Plex
- sq. ft.
- 720 Sq. Ft.
- List Price:
- $550,000.00
- notes
- Off-Street Parking
- pets