TRUST SALE – SANTA MONICA – HOUSE + 4 UNITS – SUNDAY, JULY 15 @ 10:00 A.M.

TRUST SALE  –  SANTA MONICA

HOUSE + 4 UNITS

SUNDAY, JULY 15 @ 10:00 A.M.

SALE AT SITE

BROCHURE #841

NO COURT CONFIRMATION

LOCATION:   2310 OCEAN PARK BLVD., SANTA MONICA, CA 90405  APN 4272-022-002

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 671, J-2. SOUTH OF PICO BLVD., EAST OF 23RD STREET.  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY A HOUSE PLUS 4 UNITS IN SANTA MONICA. ONE OF THE MOST SOUGHT AFTER BEACH COMMUNITIES AROUND. THE PROPERTY CONSISTS OF A DETACHED 2 BEDROOM, 1 BATH FRONT HOUSE. (3) 1 BEDROOM, 1 BATH UNITS AND (1) STUDIO UNIT. 4 SINGLE CAR GARAGES OFF ALLEY. SEPARATE GAS & ELECTRIC METERS. GREAT UPSIDE POTENTIAL. CLOSE TO SHOPPING AND ENTERTAINMENT. NO COURT CONFIRMATION.

INCOME:   2310 OCEAN PARK (FRONT HOUSE)  –  VACANT
2310 OCEAN PARK UNIT A (1 BED, 1 BATH)  –  $781.
2310 OCEAN PARK UNIT B (1 BED, 1 BATH)  –  $831.
2310 OCEAN PARK UNIT C (1 BED, 1 BATH)  –  $756.
2310 OCEAN PARK UNIT D (STUDIO)  –  VACANT.
ALL RENTS MONTH TO MONTH.
2016 ESTOPPELS AND EXPIRED LEASES AVAILABLE UPON REQUEST.

LOT SIZE:   6,947± SQ. FT.

ZONED:   SM R3        SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

FOGEL DORFMAN FAMILY 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, JULY 1 & 8 (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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