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TRUST SALE – TOPANGA

TOPANGA, CA 90290

Property Type: Commercial

Property Description

 
TRUST SALE  –  TOPANGA CANYON

BY ORDER OF SUPERIOR COURT

436 S. TOPANGA CANYON BLVD.

CAMP WILDWOOD + COMMERCIAL STORE FRONTS

14± ACRES

BROCHURE #400

LOCATION:    436 S. TOPANGA CANYON BLVD., TOPANGA, CA. 90290  APN 4445-024-007 & 4445-024-006

DIRECTIONS:    THOMAS GUIDE (L.A.COUNTY) P. 590, B-7. NORTH OF PACIFIC COAST HIGHWAY ON EASTSIDE OF TOPANGA CANYON BLVD. SOUTH OF OLD TOPANGA CANYON ROAD.  SHOW ME A MAP

DESCRIPTION:    UNBELIEVABLE OPPORTUNITY TO BUY TWO PARCELS OF MIX USE INCOME PRODUCING REAL ESTATE ON 14± ACRES IN HIGHLY DESIRABLE TOPANGA CANYON. PARCEL #4445-024-007 IS LEGENDARY CAMP WILDWOOD, WHICH FEATURES A LARGE 3 BEDROOM, 2 BATH HOUSE WITH AN UPDATED KITCHEN THAT INCLUDES STAINLESS STEEL APPLIANCES (WOLF RANGE, BUILT IN SUB ZERO REFRIGERATOR AND DISHWASHER). LARGE LIVING ROOM WITH VAULTED CEILINGS AND FIREPLACE. CENTRAL AIR CONDITIONING. HARDWOOD FLOORS. DEN, SUN ROOM AND SIDE BY SIDE WASHER/DRYER HOOKUP. LARGE OUTDOOR POOL. 2 CAR DETACHED GARAGE WITH ATTACHED BONUS ROOM (STUDIO WITH UNFINISHED ¾ BATH). CONVERTED BARN (GUEST HOUSE) WITH LIVING ROOM, HARDWOOD FLOORS, OPEN KITCHEN, RECESSED LIGHTS, CENTRAL AIR CONDITIONING AND LOFT WITH ¾ BATH. FRONTING TOPANGA CANYON IS PRITCHETT RAPF REAL ESTATE OFFICE, FERNWOOD MARKET, PARKING AND VACANT OFFICE BUILDING WITH PARKING. CELLULAR PHONE TOWER ON PROPERTY. ADJOINING VACANT PARCEL #4445-024-006 (.55± ACRES) INCLUDED IN SALE. A TRULY ONE OF A KIND UNIQUE PROPERTY WITH POTENTIAL TO BUILD YOUR DREAM COMPOUND. BUYERS SHOULD CHECK WITH THE COUNTY OF LOS ANGELES FOR CURRENT ZONING AND BUILDING REQUIREMENTS. PLEASE DO NOT DISTURB
OCCUPANTS/TENANTS.

BUYER TO BE RESPONSIBLE FOR COMPLYING WITH THE L.A. COUNTY DEPARTMENT OF REGIONAL PLANNING FOR NONCONFORMING REVIEW PERMIT, AT BUYER’S EXPENSE, AFTER CLOSE OF ESCROW. COPY OF ZONING ENFORCEMENT ORDER DATED MAY 15, 2012, EXTENSION LETTER FOR ZONING ENFORCEMENT ORDER DATED JULY 18, 2012 AND 12 CONDITIONS FOR NONCONFORMING USE AND STRUCTURE AVAILABLE UPON REQUEST.

  *COPY OF LEASES, CURRENT RENT ROLL, COMMON AREA EXPENSES AND NEW CINGULAR WIRELESS LEASE AVAILABLE UPON REQUEST.

LOT SIZE:    14.01± SQ. FT. TOTAL
                            APN 4445-024-007    13.49± ACRES
                            APN 4445-024-006      23,958± SQ. FT. (.549± ACRES)

ZONED:      APN 4445-024-007 LCRR-M1
                         APN 4445-024-006 LCR11L 
                         SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:    PROPOSITION 13

RANDAL P. MARIOTT 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 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.