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PROBATE SALE – LOS ANGELES – 2 ON A LOT

LOS ANGELES, CA 90018

Property Type: Multi-Unit

Property Description

PROBATE SALE

BY ORDER OF SUPERIOR COURT

LOS ANGELES

2 ON A LOT

BROCHURE #610

LOCATION:   3234 W. 27TH STREET, LOS ANGELES, CA 90018 APN 5052-012-021

DIRECTIONS:   THOMAS GUIDE (LOS ANGELES COUNTY) P. 633, G-7. SOUTH OF 10 FREEWAY. WEST OF ARLINGTON AVENUE. NORTH OF W. JEFFERSON BLVD.. SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY 2 VACANT FIXER HOUSES ON A LOT ADJACENT TO THE WEST ADAMS AREA OF MID LOS ANGELES. THE FRONT 2 BEDROOM, 1 BATH HOME FEATURES A KITCHEN, LIVING ROOM, DINING ROOM AND SERVICE PORCH. THE BACK 1 BEDROOM, 1 BATH HOME FEATURES A LIVING ROOM WITH DINING AREA AND KITCHEN. DETACHED GARAGE OFF OF ALLEY. BACK HOUSE MISSING ELECTRIC METER. GREAT INCOME PROPERTY CENTRALLY LOCATED IN LOS ANGELES. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY OF LOS ANGELES FOR CURRENT BUILDING RESTRICTIONS AND REQUIREMENTS.

LOT SIZE:   5,608± SQ. FT.

ZONED:   LARD5     SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

ESTATE OF MULLER

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.