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TRUST SALE – LOS ANGELES

LOS ANGELES, CA 90037

Property Type: Single Family Home

Property Description

TRUST SALE  –  FIXER

3 BEDROOM, 1 BATH HOME

LOS ANGELES

BROCHURE #349

NO COURT CONFIRMATION

LOCATION:   5015 S. BUDLONG AVENUE, LOS ANGELES, CA  90037  APN 5017-010-004

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 674, A-4. WEST OF 110 FREEWAY, SOUTH OF VERNON AVENUE. SHOW ME A MAP

DESCRIPTION:   TRADITIONAL 3 BEDROOM, 1 BATH HOME. THE HOUSE FEATURES A LIVING ROOM & DINING AREA. KITCHEN. DEN (POSSIBLE 4TH BEDROOM). REAR ALLEY. TENANT ON MONTH TO MONTH LEASE (LEASE AVAILABLE UPON REQUEST). SOLD SUBJECT TO EXISTING OCCUPANCY. GOOD FIXER OPPORTUNITY. CLOSE TO SCHOOLS, SHOPPING & 110 FREEWAY. PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB OCCUPANTS. NO COURT CONFIRMATION.

INCOME:   $1.293.93 PER MONTH. MONTH TO MONTH.

LOT SIZE:   5,937± SQ. FT.

ZONED:   LA R1            SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

HARRISON TRUST

TERMS:   CASH. BUYER TO OBTAIN OWN FINANCING. FINANCING IS NOT A CONTINGENCY TO THESE SALES. PROPERTIES SOLD IN “AS IS” CONDITION WITH NO CONTINGENCIES WHATSOEVER. PROPERTIES SOLD SUBJECT TO ACCEPTANCE OR REJECTION BY THE TRUSTEE.

ESCROW PERIOD:   45 DAYS OR SOONER

DEPOSIT:   $10,000 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 THESE PROPERTIES OR THE AUCTION PROCESS (818) 501-4888.