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Highland Park Modern Retreat in the Hills

Highland Park Modern Retreat in the Hills

**March 9th update: No more showings at this time. Multiple offers received**

5057shipleyglen.com

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
5059 1/2 Shipley Glen Dr
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