DIY House Hacking
East Hollywood
House hacking has become the latest method for fostering communal living while simultaneously expanding one’s property portfolio. Coming soon is the perfect East-Hollywood house hacking opportunity, presenting a fresh avenue for growth within the Real Estate Industry. Learn how to scale your real estate strategies in Los Angeles (LA). With retail development skyrocketing in opportune neighborhoods, rents on the rise, and home ownership nearly unattainable for young investors, house hacking is emerging as the newest means of safeguarding investments in this new economic landscape.
In Los Angeles, real estate acquisitions are becoming increasingly challenging for young entrepreneurs without inherited or familial wealth. However, this is on the cusp of transformation with innovative approaches like house hacking and novel homeownership strategies. Whether you are commencing your portfolio or exploring creative ways to expand and diversify, house hacking deserves consideration.
So, how does house hacking work? Let’s examine this new construction in Koreatown, Los Angeles, as a prime example. Whether you intend to house hack with roommates or implement live-work strategies, this property accommodates both lifestyles seamlessly. It is a newly constructed triplex featuring two 5-bedroom/5-bathroom townhomes designed specifically for the house-hack lifestyle.
Consider this scenario: you can acquire this property as a Tenancy-in-Common (TIC) arrangement, sharing costs with the other units, in a prime location within walking distance of shops, restaurants, and entertainment venues. It also provides direct access to downtown Los Angeles (DTLA) without the need for freeway travel. The nearest Equinox fitness center is only 15 minutes away, catering to fitness enthusiasts. Beyond its ideal location, the townhome itself is designed to foster community living, offering two parking spaces per unit.
The first floor comprises a 3-bedroom/3-bathroom layout, providing the flexibility to rent out rooms to roommates or workmates. Alternatively, you can convert these spaces into office quarters or production studios. By leveraging these rental spaces, you can effectively offset your mortgage expenses while reserving the top level for your private living space. The top level features a 2-bedroom/2-bathroom configuration with a full, open kitchen and a spacious living area, complete with large windows offering views of palm trees and picturesque sunsets. You can relish the comforts of the top floor while simultaneously renting or working from the lower level.
If the price tag of $799,000 exceeds your budgetary considerations, we offer a ground-floor unit with 3 bedrooms and 2 bathrooms, also equipped with a full kitchen, laundry facilities, air conditioning, and two parking spots. Act promptly to seize this entry-level opportunity for portfolio expansion before it disappears. We maintain a waitlist for private showings of these units before they are officially listed. Please feel free to reach out with any inquiries regarding house hacking or Tenancy-in-Common (TIC) communities.
In the event that you miss out on this opportunity, rest assured that we have several more communities in development in prime locations such as Silver Lake, Boyle Heights, El Sereno, and more. Your journey into real estate investment and community living is just beginning, and we are here to guide you every step of the way.
Want to learn more about TICS?
Share and Download
our FREE TIC Brochure
Check out, save and share our TIC to-go brochure for everything TIC In Los Angeles.
Check It out here → TIC Brochure
Want to see the current Los Angeles TICs available for sale now?
L.A. TICs for Sale
Meet: Lauren Biedenharn
Trusted, Tech-Savvy Real Estate.
Lauren Biedenharn Is your perfect partner when finding your new home and lifestyle. With a background In the arts and technology, she has a unique touch In her service to find and achieve your next real estate milestone. She has been a pioneer In new types of ownership from TICs, to tokenized ownership and blockchain technology.
Lauren has created a platform for any first-time homebuyer to learn and prepare for their first purchase through their medium of choice. Lauren Is continuously posting new Information, fabulous house tours, and cutting edge technology virtually on social media, YouTube and In person with her clients and followers. Follow Lauren on her everyday adventures for Insider tips and fun!
Looking for TICs for sale in LA right now? → TICs for sale HERE!
If you have further questions about escalator clauses, TICs or anything real estate email Lauren.Biedenahrn@Compass.com for more info. #RealEstateRevolution
Lauren @laurenglasses (find me on social media ;)
Compass DRE#01955597
The information provided in this package is not, and is not intended to, constitute legal advice. Rather, all information and materials available within this package are for general informational purposes only. The information in this package may not include the most up-to-date information.
Lauren Biedenharn is not affiliated with, sponsored by, or endorsed by any financial institution, law firm or other third party identified in this package. The presence of any company, firm or third party logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said company of Lauren Biedenharn, and is solely included for the purpose of providing information about their offerings to prospective clients of Lauren Biedenharn. In addition, the references to other companies, firms and third parties are only for the convenience of the reader or user, and Lauren Biedenharn does not recommend nor endorse the contents, services or offerings of the third-parties, and the reader of this package must undertake any relationships directly with such third parties.
