TRUST SALE – NORTH HOLLYWOOD ARTS DISTRICT – SUNDAY, OCTOBER 28 @ 3:00 P.M.

TRUST SALE

NORTH HOLLYWOOD ARTS DISTRICT

R4-TIER 3 ZONE

2 BEDROOM, 1 BATH HOME

SUNDAY, OCTOBER 28 @ 3:00 P.M.

SALE AT SITE

BROCHURE #870

NO COURT CONFIRMATION

LOCATION:   5552 FULCHER AVENUE, NORTH HOLLYWOOD, CA 91601  APN 2350-003-021

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 562, J-2. SOUTH OF BURBANK BLVD. EAST OF LANKERSHIM BLVD.  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY A 2 BEDROOM, 1 BATH FIXER HOME ON A R4 TIER 3 LOT (SUBJECT TO GENERAL PLAN CONFIRMATION) IN THE NORTH HOLLYWOOD ARTS DISTRICT AREA. TREMENDOUS POSSIBLE DEVELOPMENT OPPORTUNITY. BUYERS SHOULD CHECK WITH THE CITY FOR CURRENT BUILDING RESTRICTIONS AND REQUIREMENTS. PHASE I REPORT AVAILABLE UPON REQUEST. BUYERS TO VERIFY ALL PERMITS. NO COURT CONFIRMATION.

LOT SIZE:   7,265± SQ. FT.

ZONED:   LAR4            SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

FULCHER 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.

INSPECTIONS:   SUNDAY, OCTOBER 14 & 21 (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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