TIC UNIT FOR SALE | 1412 1/2 Sutherland St. | $525,000

TIC UNIT FOR SALE | 1412 1/2 Sutherland St. | $525,000

Bright Echo Park Spanish Bungalow

http://1412halfsutherland.com

This stand-alone Spanish courtyard bungalow is nestled into a hillside in coveted Echo Park. Stylish, updated and featuring a bright open layout with lots of original 1920’s charm. The sunny kitchen has been refreshed with butcher block countertops, new cabinetry and elegant Spanish tile. The bathroom has modern tile backsplash, penny tile floors and period fixtures.  The bedroom flows into a sunroom bathed in light from three walls of windows. A perfect place for lounging, working and just enjoying. Original wood flooring runs throughout. Enjoy entertaining and outdoor cooking in the enclosed private patio off the kitchen, or join your neighbors in the shared community patios up back. The shared tiered patios feature panoramic views of Hollywood Hills and beyond, vegetable garden beds, a lemon tree, dining areas, and a community garden shed. Amenities include a private garage and in-unit laundry. Walk out your front door for your morning coffee at Woodcat, brunch at Ostrich Farm, or happy hour at Little Joy, Short Stop, or Trencher. El Compadre located at the end of the street. Property features landscaped grounds with multiple patios. Intimate 4-unit community.

This is a TIC sale. All 4 units are being offered for sale for the first time (2 are under contract). For more information on Tenants-in-Common (TIC) ownership, go to: www.therentalgirl.com/tic/about. TIC’s are a great option for 1st time homeowners or entry-level buyers, and are rapidly emerging in LA! Financing available – with as little as 10% down thru Sterling Bank, Henry Jeanes, HJeanes@sterlingbank.com. Call or text Liz McDonald 323-313-5780 for more info or showings. Listing agents have closed 22 TIC units on the eastside in the last year, so please call us if you would like more information on what TIC is and how it works.

Details

  • 1412 1/2 Sutherland St.
  • 1 BED/ 1 BATH
  • SQUARE FEET:  946 SQ/FT
  • LIST PRICE: $525,000
  • Off Street Covered Parking
  • AC Unit
  • HOA Dues $225/month

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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