PROBATE SALE – TUSTIN – COMMERCIAL CENTER – SATURDAY, NOVEMBER 16 @ 10:00 A.M.

PROBATE SALE  –  TUSTIN

COMMERCIAL CENTER

SATURDAY, NOVEMBER 16 @ 10:00 A.M.

DO NOT DISTURB OCCUPANTS

SALE AT SITE

MAY BE SUBJECT TO COURT CONFIRMATION

BROCHURE #963

LOCATION:   1161 IRVINE BLVD, TUSTIN, CA  92780  APN 501-081-14

DIRECTIONS:   THOMAS GUIDE (ORANGE COUNTY) P. 830, C-2. NORTH EAST CORNER OF IRVINE BLVD AND ELIZABETH WAY.  SHOW ME A MAP

DESCRIPTION:   FANTASTIC OPPORTUNITY TO BUY A CORNER COMMERCIAL BUILDING ON A HIGH VISIBILITY STREET IN TUSTIN. 7 STORE FRONTS WITH PARKING. ALL 7 STORES HAVE ½ BATHROOMS. 7 ELECTRIC METERS AND 6 GAS METERS.

INCOME:
1161 IRVINE BLVD.  –  $1,775 PER MONTH (SUTHA THAI KITCHEN)
1163 IRVINE BLVD.  –  $1,030 PER MONTH (ALTERATIONS)
1165 IRVINE BLVD.  –  $1,770 PER MONTH (QUEEN MARY SALON & SPA)
1167 IRVINE BLVD.  –  $  950  PER MONTH (SHOE REPAIR)
1169 IRVINE BLVD.  –  VACANT
1171 IRVINE BLVD.  –  VACANT
1173 IRVINE BLVD.  –  VACANT

SOLD SUBJECT TO EXISTING OCCUPANCY.
LEASES, EXPENSES & PRELIM AVAILABLE UPON REQUEST.

LOT SIZE:   18,813± SQ. FT.

TAXES:   PROPOSITION 13

ESTATE OF JAMES OSTEEN

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:   $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:   SATURDAY, NOVEMBER 2 & 9 (11:00 A.M.-2:00 P.M.) & HALF 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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