New Co-Ownership Opportunity: Discover "El Palacio" a stunning two-story Spanish-style TIC home on a quiet, tree-lined corner lot in the heart of Leimert Park. This bright and spacious 3-bedroom, 2.5-bath residence lives like a standalone home, featuring private outdoor spaces, a two-car garage, and exclusive-use patios, terraces, and yard areas. Lovingly reimagined with over $160,000 in updates, El Palacio showcases the best of 1920s Spanish architecture, with elegant arched doorways, curved lines, and romantic detailing throughout. The home includes new hardwood floors downstairs, a chef's kitchen with stainless-steel appliances, and two private upstairs terraces...perfect for relaxing or entertaining. Step outside to your courtyard-style backyard surrounded by mature hedges and lush greenery. Just moments from Leimert Park Village Plaza, local cafes, and the Metro, this home offers a peaceful retreat in one of Los Angeles' most vibrant and culturally rich neighborhoods. A TIC (Tenants in Common) offers homeownership at a fraction of the price, granting exclusive rights to your own unit while sharing ownership of common areas. Pet-friendly, walkable, and full of soul this is Leimert Park living at its best.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Other Rooms
- Patio Open
- Patio Enclosed
- Patio Covered
Appliances
- Laundry Features: Laundry Area
Heating and Cooling
- Cooling Features: Air Conditioning, Wall Unit(s)
- Fireplace Features: Decorative
- Heating Features: Wall
Interior Features
- Furnished Description: Unfurnished
- Flooring: Engineered Hardwood, Hardwood, Laminate, Tile
Land Info
- Lot Size Acres: 0.14
- Lot Size Source: Assessor
- Lot Size Square Feet: 5929
Garage and Parking
- Garage Spaces: 2
- Parking Features: Attached, Garage Is Attached, Garage - 2 Car
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Other Property Info
- Source Listing Status: Active Under Contract
- County: Los Angeles
- Directions: Google Maps
- Source Property Type: Residential
- Area: Park Hills Heights
- Property Subtype: townhouse
- Source Neighborhood: Park Hills Heights
- Parcel Number: UNAVAILABLE
- Timeshare: Yes
- Property Subtype: Co-Ownership
Building and Construction
- Total Square Feet Living: 2014
- Common Walls: Attached
- Levels: Multi Levels
- Living Area Source: Estimated
- Levels or Stories: 2
- Structure Type: Attached
- House Style: Spanish
Accessibility Features
Home Features
- Other Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Hood Fan, Washer, Refrigerator, Range/Oven