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DUPLEX – LOS ANGELES – AVAILABLE

LOS ANGELES, CA 90011

Property Type: Multi-Unit

Property Description

DUPLEX  –  FIXER

LOS ANGELES

(2) 2 BEDROOM, 1 BATH UNITS

BROCHURE #414

NO COURT CONFIRMATION

LOCATION:   1046-1046½ E. 24TH STREET, LOS ANGELES, CA 90011  APN 5131-022-011

DIRECTIONS:   THOMAS GUIDE (L.A.COUNTY) P. 674, E-1. SOUTH OF 10 FREEWAY BETWEEN SAN PEDRO STREET & CENTRAL AVENUE.  SHOW ME A MAP

DESCRIPTION:   GATED, 2 STORY DUPLEX. UPPER & LOWER UNITS EACH HAVE 2 BEDROOMS & 1 BATH, LIVING ROOM & KITCHEN. LOWER UNIT (1046) HAS A SERVICE AREA WITH WASHER & DRYER HOOKUP. SEPARATE GAS & ELECTRIC METERS FOR EACH UNIT. REAR ALLEY. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY OF LOS ANGELES FOR CURRENT BUILDING REQUIREMENTS. GRASS BACK YARD. DO NOT DISTURB OCCUPANTS. PERSONAL PROPERTY NOT INCLUDED IN SALE. CLOSE TO SHOPPING, SCHOOLS AND DOWNTOWN LOS ANGELES. NO COURT CONFIRMATION. GREAT FIXER OPPORTUNITY.

INCOME:   1046 E. 24TH STREET  –  $700 PER MONTH.
                         1046½ E. 24TH STREET  –  $700 PER MONTH.
                         RENT & TENANCY NOT VERIFIED

LOT SIZE:   6,248± SQ. FT.

ZONED:   LA R4      SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

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 SELLER.

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 THIS PROPERTY (818) 501-4888.