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PROBATE SALE – LOS ANGELES

LOS ANGELES, CA 90011

Property Type: Multi-Unit

Property Description

PROBATE SALE – LOS ANGELES

BY ORDER OF SUPERIOR COURT

HOUSE + 2 UNITS

BROCHURE #540

LOCATION:   890 E. 56TH STREET, LOS ANGELES, CA 90011 APN 5103-017-008

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 674, E-5. EAST OF AVALON BOULEVARD. NORTH OF SLAUSON AVENUE. WEST OF S. CENTRAL AVENUE.  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY A HOUSE PLUS 2 UNITS ON 1 LOT IN LOS ANGELES. THE FRONT HOUSE FEATURES 3 BEDROOMS & 1 BATH (3RD BACK BEDROOM MAY NOT BE PERMITTED. BUYERS TO VERIFY PERMITS). KITCHEN, LIVING ROOM & DINING AREA. PARTIAL HARDWOOD FLOORS. ENCLOSED FRONT PORCH & BACK SERVICE PORCH MAY NOT BE PERMITTED. BUYERS TO VERIFY PERMITS. (4) 1 CAR DETACHED GARAGES WITH (2) 1 BEDROOM, 1 BATH UNITS ABOVE GARAGES. 3 GAS & 3 ELECTRIC METERS.PROPERTY CURRENTLY IN REAP PROGRAM. NOTICE & ORDER TO COMPLY AVAILABLE UPON REQUEST. GREAT FIXER OPPORTUNITY.

INCOME:
890 E. 56TH STREET – FAMILY MEMBER. NO RENT.
892 E. 56TH STREET – $400.00 LEASE AVAILABLE UPON REQUEST
892½ E. 56TH STREET – $457.00

LOT SIZE:   6,750± SQ. FT.

ZONED:   LA R2   SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

ESTATE OF DEESE

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.