PROBATE SALE – LOS ANGELES – FIXER

PROBATE SALE  –  FIXER  –  LOS ANGELES

MAY BE SUBJECT TO COURT CONFIRMATION

2 BEDROOM, 1 BATH HOME

BROCHURE #827

LOCATION:   126 W. 50TH STREET, LOS ANGELES, CA 90037  APN 5110-024-009

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 674, C-4. EAST OF SOUTH BROADWAY. WEST OF S. MAIN STREET.  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY A 2 BEDROOM, 1 BATH FIXER HOME WITH ACCESSORY UNIT IN LOS ANGELES. THE HOME FEATURES A LIVING ROOM WITH DINING AREA AND KITCHEN. ENCLOSED BACK PORCH (ENCLOSED PORCH MAY NOT BE PERMITTED). 2 CAR DETACHED GARAGE WITH ATTACHED ACCESSORY UNIT. BUYERS TO VERIFY ALL PERMITS. FAMILY MEMBERS LIVING IN PROPERTY. NO RENT BEING COLLECTED. UNCOOPERATIVE OCCUPANTS. NO ACCESS. SOLD SUBJECT TO EXISTING OCCUPANCY. PERMITS AVAILABLE UPON REQUEST. MAY BE SUBJECT TO COURT CONFIRMATION.

LOT SIZE:   5,464± SQ. FT.

ZONED:   LA R2        SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

ESTATE OF BURNS

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 MAY BE SUBJECT TO COURT CONFIRMATION.

ESCROW PERIOD:   45 DAYS OR SOONER

DEPOSIT:   CASHIER’S CHECK FOR 10% OF OFFER. 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.

LARRY WEINER, BROKER. PLEASE CALL FLANS & WEINER, INC. IF YOU
HAVE ANY QUESTIONS REGARDING THIS PROPERTY (818) 501-4888.

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