TRUST SALE – MELROSE HILL

TRUST SALE  –  MELROSE HILL

5 BEDROOM, 6 BATHROOM HOME + GUEST UNIT

BROCHURE #815

NO COURT CONFIRMATION

LOCATION:  4926 MARATHON STREET, LOS ANGELES, CA 90029   APN 5535-029-025

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 593, H-6. NORTH OF MELROSE AVENUE. WEST OF N. HARVARD BLVD..  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY A 2 STORY, 5 BEDROOM, 6 BATHROOM HOME WITH A DETACHED GUEST UNIT ON A LARGE 10,063± SQ. FT. LOT IN THE HIGHLY DESIRABLE MELROSE HILL AREA (HPOZ) OF LOS ANGELES. THE DOWNSTAIRS FEATURES A LIVING ROOM WITH DINING AREA, (2) ½ BATHS, BEDROOM WITH ¾ BATH, OPEN KITCHEN WITH CENTER ISLAND AND SERVICE PORCH WITH LAUNDRY HOOKUP. UPSTAIRS FEATURES 4 BEDROOM, 3 BATHROOMS ((1) FULL ON SUITE BATH, (2) ¾ BATHS) AND DEN. 2 CAR DETACHED GARAGE WITH GUEST UNIT ABOVE. GUEST UNIT FEATURES A LIVING AREA, KITCHEN WITH COOKTOP, ¾ BATH AND OFFICE/BEDROOM (NO CLOSET). BUYERS TO VERIFY ALL PERMITS. LARGE BACKYARD. 2 ELECTRIC METERS. BUYERS SHOULD CHECK WITH THE CITY REGARDING CURRENT BUILDING/REMODELING RESTRICTIONS, REQUIREMENTS, USE CODE AND ZONING. GREAT CENTRALLY LOCATED PROPERTY. NO COURT CONFIRMATION.

LOT SIZE:   10,063± SQ. FT.

ZONED:   LA R1       SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

MARATHON 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.

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.

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