PARTITION SALE – LOS ANGELES

PARTITION SALE  –  FIXER

DUPLEX  –  LOS ANGELES

BROCHURE #946

NO COURT CONFIRMATION

LOCATION:   1627 LEIGHTON AVENUE, LOS ANGELES, CA 90062  APN 5035-016-024

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 673, H-2. NORTH OF MARTIN LUTHER KING JR BLVD. WEST OF WESTERN AVENUE.  SHOW ME A MAP

DESCRIPTION:   DUPLEX  –  FRONT UNIT (1627) 3 BEDROOMS, 1½ BATH (½ BATH NOT PERMITTED). THE UNIT FEATURES A LIVING ROOM WITH FIREPLACE, DINING AREA & KITCHEN. REAR UNIT (1629) HAS 1 BEDROOM & 1 BATH. LIVING ROOM & KITCHEN. THE GARAGE AND ADDITIONAL STRUCTURE HAVE BEEN CONVERTED, WITHOUT PERMITS, TO RENTALS. 2 ELECTRIC & 2 GAS METERS. PERSONAL PROPERTY NOT INCLUDED IN SALE.. DO NOT DISTURB OCCUPANTS. CLOSE TO SCHOOLS & SHOPPING.  NO COURT CONFIRMATION.

INCOME:
1627 LEIGHTON AVENUE  –  NO RENT BEING PAID (FAMILY MEMBER)
1629 LEIGHTON AVENUE  –  $950. PER MONTH.
CONVERTED GARAGE  –  $500. PER MONTH.
ADDITIONAL STRUCTURE  –  VACANT

LOT SIZE:   5,434± SQ. FT.

ZONED:   LA R2      SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

ANGULO V. REYES

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 SELLERS.

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.

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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