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PROBATE SALE – LOS ANGELES

LOS ANGELES, CA 90011

Property Type: Multi-Family Home

Property Description

PROBATE SALE – FIXER

BY ORDER OF SUPERIOR COURT

DUPLEX – LOS ANGELES

BROCHURE #437

LOCATION:   638 E. 43RD STREET, LOS ANGELES, CA 90011 APN 5115-010-006

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 673, C-4. EAST OF 110 FREEWAY. NORTH OF VERNON AVENUE. WEST OF SOUTH CENTRAL AVENUE. SHOW ME A MAP

DESCRIPTION:   GATED DUPLEX. 2 STORY FRONT UNIT INCLUDES 3 BEDROOMS & 2 BATHS. LIVING ROOM, DINING AREA & STUDY. PARTIALLY REMODELLED KITCHEN WITH BUILT IN DOUBLE OVEN, DISHWASHER & STONE COUNTER TOPS. CUT OUT FOR COOKTOP (COOKTOP NOT INCLUDED IN SALE). SERVICE PORCH WITH WASHER/DRYER HOOKUP. BONUS ROOM ON SECOND FLOOR.
REAR UNIT IS CURRENTLY DIVIDED INTO 2 SINGLES, EACH WITH KITCHEN & BATH (NOT VERIFIED). REAR ALLEY. DRIVEWAY. THERE ARE 2 GAS & 2 ELECTRIC METERS ON THE PROPERTY. BACKYARD. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY OF LOS ANGELES FOR CURRENT BUILDING REQUIREMENTS. PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB OCCUPANTS. GREAT FIXER OPPORTUNITY. CLOSE TO SCHOOLS, SHOPPING, DOWNTOWN LOS ANGELES & 110 FREEWAY.

LOT SIZE:  5,750± SQ. FT.

ZONED:   LAR 2   SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

ESTATE OF BILLIE SHAW

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:   $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 OR THE AUCTION PROCESS (818) 501-4888.