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PROBATE SALE – LOS ANGELES – COMMERCIAL BUILDING – SATURDAY, AUGUST 26 @ 10:00 A.M.

PROBATE SALE – LOS ANGELES

COMMERCIAL BUILDING

SATURDAY, AUGUST 26 @ 10:00 A.M.

SALE AT SITE

BROCHURE #741, SALE #1

NO COURT CONFIRMATION

LOCATION:   8938 S. VERMONT AVENUE, LOS ANGELES, CA 90044 APN 6038-020-032

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 704, A-3. SOUTH OF MANCHESTER AVE, WEST OF 110 FREEWAY. SHOW ME A MAP

DESCRIPTION:   BRICK BUILDING. FORMER HARDWARE STORE IN THE CITY OF LOS ANGELES. 2 DOWNSTAIRS OFFICES & UPSTAIRS APARTMENT (NO ADMITTANCE) IN FRONT AREA OF BUILDING. 5 BATHROOMS. UPSTAIRS REAR BALCONY. FIXER. ROOF & MOLD DAMAGE. BUYER RESPONSIBLE FOR REMOVAL OF ALL PERSONAL PROPERTY AT BUYER’S EXPENSE, LEFT IN THE BUILDING AFTER CLOSE OF ESCROW. REAR ALLEY. 

LOT SIZE:   5,146± SQ. FT.

ZONED:   LA C2     SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

BURTON 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.

INSPECTIONS:   SATURDAY, AUGUST 12 & 19 (11:00 A.M.-2:00 P.M.) & ½ HOUR BEFORE AUCTION.

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.

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