Image Coming Soon
Image Coming Soon
Image Coming Soon
Image Coming Soon
Image Coming Soon
Image Coming Soon
Image Coming Soon
Image Coming Soon
Image Coming Soon
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Previous Next

TRUST SALE – LONG BEACH

LONG BEACH, CA 90804

Property Type: Multi-Unit

Property Description

TRUST SALE  –  LONG BEACH

6 UNITS + PARKING

BROCHURE #355

NO COURT CONFIRMATION

LOCATION:   3341 E. WILTON STREET, LONG BEACH, CA 90804  APN 7259-004-013

DIRECTIONS:   THOMAS GUIDE (L.A.COUNTY) P. 795, J-5. EAST OF 710 FREEWAY. SOUTH OF PACIFIC COAST HIGHWAY. NORTH OF ANAHEIM STREET.  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY A PRIDE OF OWNERSHIP 6 UNIT APARTMENT BUILDING IN LONG BEACH, CALIFORNIA. ALL UNITS ARE 2 BEDROOMS AND 2 BATHROOMS. TWO TANDEM PARKING SPACES FOR EACH UNIT IN AN ELECTRIC GATED GARAGE UNDER BUILDING. SEPARATE ELECTRIC & GAS METERS. CLOSE TO SHOPPING, SCHOOLS AND FREEWAYS. NO COURT CONFIRMATION.

INCOME:  
UNIT A  –  $1,000 MONTH TO MONTH.
UNIT B  –  $1,095  (SECTION 8 PAYS $916)
UNIT C  –  $1,100  (SECTION 8 PAYS $984)
UNIT D  –  $1,150  (SECTION 8 PAYS $351)
UNIT E  –  $1,150  LEASE EXPIRES 6/30/14
UNIT F  –  VACANT

COMMON UTILITY EXPENSES
WATER/TRASH  –  ±$200 PER MONTH
ELECTRIC  –  ±$85 PER MONTH

*COPY OF LEASES AND SECTION 8 CONTRACTS AVAILABLE UPON REQUEST.

LOT SIZE:    4,725± SQ. FT.

ZONED:   LBR3T     SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:    PROPOSITION 13

FARQUHAR TRUST

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 TRUSTEE.

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.