TIC UNIT FOR SALE | 1621 Altivo Way | $565,000

TIC UNIT FOR SALE | 1621 Altivo Way | $565,000

Beautifully Restored Craftsman in Echo Park

Property Website

A private retreat in the hills of Echo Park, this California bungalow comes with incredible views from an abundance of original restored windows. The light & airy formal living features coffered ceilings, refinished hardwood floors and original glass panel doors.  The updated kitchen comes with a Smeg fridge, new appliances and is a perfect example of modern living exploding with character and charm. Vista views and sunlight pour through every corner of the living space, this home feels like it’s above the clouds. A private garage, front porch, mini-split AC and Heat, walk in closet and washer/dryer in unit are just some of the amenities of 1621 Altivo Way.  Minutes away from Cookbook, Yogala, Ostrich Farm, Pollen, 365 + everything Echo Park. Intimate 4-unit community with low HOA’s.  New TIC (tenants-in-common) community.

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

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Details

  • 1621 Altivo Way
  • 1 BED/ 1 BATH
  • SQUARE FEET:  884 SQ/FT
  • LIST PRICE: $565,000
  • Private & Secluded
  • Single Car Garage
  • Panoramic Views & Private Outdoor Space
  • New Appliances & Smeg Fridge
  • New Ductless Air & Heat
  • Washer/Dryer in Unit
  • Original Wood Floors
  • Fridge & Stove Included
  • Washer / Dryer Included & In-Unit
  • New Light Fixtures & Finishes Throughout

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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