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TRUST SALE – LAWNDALE

LAWNDALE, CA 90260

Property Type: Multi-Unit

Property Description

TRUST SALE – FIXER

BY ORDER OF SUPERIOR COURT

LAWNDALE

HOUSE + 4 UNITS

BROCHURE #532

LOCATION:   4343 W. 168TH STREET, LAWNDALE, CA 90260 APN 4075-010-044

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 733, D-7. WEST OF 405 FREEWAY. EAST OF HAWTHORNE BLVD..  SHOW ME A MAP

DESCRIPTION:   3 BEDROOM, 2 BATH FRONT HOME WITH ATTACHED GARAGE. THE HOME FEATURES A LIVING ROOM & DINING AREA. KITCHEN. LAUNDRY ROOM WITH WASHER/DRYER HOOKUP. WOOD FLOORS. REAR UNITS (3) 2 BEDROOM, 1 BATH UNITS. (1) 3 BEDROOM, 1¾ BATH UNIT. EACH UNIT HAS A LIVING ROOM , KITCHEN AND WASHER/DRYER HOOKUP (UNIT #4 WASHER/DRYER HOOKUP OUTSIDE OF UNIT). 5 GARAGE SPACES ((3) SINGLE, (1) DOUBLE). UNIT #4 MAY NOT BE PERMITTED. UNIT #3 HAS A LARGE BONUS ROOM. SEPARATE GAS & ELECTRIC METERS FOR THE FRONT HOUSE & EACH UNIT. RECENT ROOF WORK ON REAR UNITS. GREAT FIXER INCOME PROPERTY WITH UPSIDE POTENTIAL. COPY OF LEAD-BASED SAMPLING REPORT FOR FRONT HOUSE (4343 W. 168TH STREET), DATED 5/7/15 AVAILABLE UPON REQUEST. PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB OCCUPANTS. CLOSE TO 405 FREEWAY, SCHOOLS & SHOPPING.

MONTHLY INCOME:
4343 W. 168TH STREET (FRONT HOUSE) – VACANT
4343½ W. 168TH STREET – $925.
UNIT #2 – $1,150.
UNIT #3 – $1,200.
UNIT #4 – $1,500.
ALL UNITS RENTED MONTH TO MONTH. NO LEASES AVAILABLE.

MONTHLY EXPENSES:
(APPROXIMATE)
WATER – $240.
ELECTRIC – $40.
TRASH – $92.

LOT SIZE:   7,981± SQ. FT.

ZONED:   LNR2PY   SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

PALMER 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.