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PROBATE SALE – NORTH HOLLYWOOD

NORTH HOLLYWOOD, CA 91601

Property Type: Industrial

Property Description

PROBATE SALE

NORTH HOLLYWOOD

MANUFACTURING/INDUSTRIAL BUILDING
& WORKSHOP

BROCHURE #630

NO COURT CONFIRMATION

LOCATION:   5419 DENNY AVENUE, NORTH HOLLYWOOD, CA 91601 APN 2416-016-031

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 563, A-2. SOUTH OF BURBANK BLVD., NORTH OF CHANDLER BLVD., EAST OF VINELAND AVENUE.  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY A MANUFACTURING/INDUSTRIAL FIXER BUILDING PLUS WORKSHOP IN THE HIGHLY DESIRABLE AREA OF NORTH HOLLYWOOD, CALIFORNIA. BACK WORKSHOP MAY NOT BE PERMITTED. BUYERS TO CHECK WITH THE CITY OF LOS ANGELES TO VERIFY ALL PERMITS AND CURRENT ZONING DESIGNATION. PRIOR USE OF BUILDING WAS AN AUTOMOTIVE/MOTORCYCLE REPAIR SHOP. NO PHASE 1 OR PHASE 2 REPORT. BUYERS TO CONDUCT ALL DUE DILIGENCE INCLUDING BUT NOT LIMITED TO ZONING, POSSIBLE CONTAMINATION AND PERMITS PRIOR TO AUCTION. GREAT CENTRAL LOCATION. NO COURT CONFIRMATION.

LOT SIZE:   5,039± SQ, FT,

ZONED:   LACM     SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

HOMER KNAPP ESTATE

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.

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.