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PROBATE SALE – MALIBU

MALIBU, CA 90265

Property Type: Single Family Home

Property Description

PROBATE SALE  –  FIXER

BY ORDER OF SUPERIOR COURT

BEACH FRONT MALIBU

3 BEDROOM, 3 BATH HOME

BROCHURE #359

LOCATION:   21062 PACIFIC COAST HIGHWAY, MALIBU, CA90265  APN  4450-010-019

DIRECTIONS:   THOMAS GUIDE (L.A.COUNTY) P. 629, H-6.  SHOW ME A MAP

DESCRIPTION:    SPECTACULAR OCEAN VIEW, BEACH FRONT, 2 LEVEL HOME ON THE FAMOUS GOLD COAST OF MALIBU, CALIFORNIA. THE HOUSE FEATURES A LIVING/DINING ROOM WITH VAULTED CEILING.  KITCHEN WITH DISHWASHER, COOKTOP & BUILT IN OVEN. 3 BEDROOMS & 3 BATHROOMS (2 FULL + (1) ¾), ONE BATHROOM MAY NOT BE PERMITTED. LOWER LEVEL INCLUDES A LIVING ROOM AND KITCHEN ( KITCHEN MAY NOT BE PERMITTED).WASHER/DRYER HOOKUP. SOME WOOD FLOORS. TANKLESS WATER HEATER. OUTDOOR DECKS ON BOTH LEVELS WITH BREATHTAKING OCEAN VIEWS. STAIRS BUILT INTO SEAWALL DOWN TO BEACH. NOTICE OF VIOLATION RECORDED 12/18/2008 FOR SEAWALL & SEPTIC SYSTEM. BUILDING REDTAGGED. PROPERTY SOLD SUBJECT TO EXISTING VIOLATIONS. GREAT FIXER OPPORTUNITY TO OWN A GET AWAY OR YEAR ROUND BEACH HOUSE IN MALIBU, CALIFORNIA.

LOT SIZE:   3,398± SQ. FT.

ZONED:  LCR303              SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:    PROPOSITION 13

FULLER ESTATE

TERMS:   CASH. BUYER TO OBTAIN OWN FINANCING. FINANCING IS NOT A CONTINGENCY TO THIS SALE. PROPERTY SOLD IN “AS IS” CONDITION WITH NO CONTINGENCIES WHATSOEVER. PROPERTY SOLD SUBJECT TO ACCEPTANCE OR REJECTION BY THE ESTATE AND SUBJECT TO COURT CONFIRMATION.

ESCROW PERIOD :   45 DAYS OR SOONER

DEPOSIT:   $25,000 CASH OR CASHIER’S CHECK REQUIRED TO BID. BALANCE OF 10% DEPOSIT BY PERSONAL CHECK. CASHIER’S CHECK SHOULD BE MADE PAYABLE TO FLANS & WEINER, INC.. IN THE EVENT YOUR BID IS REJECTED, DEPOSIT WILL BE REFUNDED WITHOUT INTEREST.

TITLE:    SELLER TO PROVIDE STANDARD TITLE POLICY.

PLEASE CALL FLANS & WEINER, INC. IF YOU HAVE ANY QUESTIONS REGARDING THIS PROPERTY OR THE AUCTION PROCESS (818) 501-4888.