PROBATE SALE – SANTA MONICA – SUNDAY, NOVEMBER 22 @ 10:00 A.M.

PROBATE SALE  –  FIXER

SANTA MONICA

DUPLEX

SUNDAY, NOVEMBER 22 @ 10:00 A.M.

SALE AT SITE

BROCHURE #038

NO COURT CONFIRMATION

LOCATION:   2207 VIRGINIA AVENUE, SANTA MONICA, CA 90404  APN 4274-022-014

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 671, H-1. SOUTH OF 10 FREEWAY. WEST OF CLOVERFIELD BLVD.  SHOW ME A MAP

DESCRIPTION:   DUPLEX  –  FIXER LOCATED IN THE VERY DESIRABLE CITY OF SANTA MONICA. THE FRONT 2 BEDROOM, 1½ BATH UNIT (½ BATH NOT PERMITTED). HAS A LIVING ROOM WITH FIREPLACE. OPEN KITCHEN WITH DISHWASHER & COOKTOP. ATTACHED 1 BEDROOM, 1 BATH REAR UNIT HAS A LIVING ROOM & KITCHEN. ROOF DAMAGE. DETACHED GARAGE CONVERTED TO LIVING AREA WITH ¾ BATH & KITCHEN (GARAGE CONVERSION DONE WITHOUT PERMIT). 2 ELECTRIC AND 1 GAS METER. BUYERS TO VERIFY ALL PERMITS. CITY OF SANTA MONICA PROPERTY RECORDS REPORT AVAILABLE UPON REQUEST. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY OF SANTA MONICA FOR CURRENT ZONING & BUILDING REQUIREMENTS. THERE ARE CURRENTLY 4 PEOPLE OCCUPYING THE PROPERTY. NO LEASES & NO RENT COLLECTED. THE PROPERTY IS BEING SOLD SUBJECT TO EXISTING OCCUPANCY. DO NOT DISTURB OCCUPANTS. PERSONAL PROPERTY NOT INCLUDED IN SALE. GREAT OPPORTUNITY TO PURCHASE A FIXER PROPERTY. CLOSE TO THE BEACH, SHOPPING, PARK & WEST SIDE. ALL AUCTION ATTENDEES MUST WEAR MASKS AND SIGN A COVID ADVISORY.  NO COURT CONFIRMATION.

LOT SIZE:   4,496± SQ. FT.

ZONED:   SMR2*       SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

ESTATE OF EILEEN SCHWARZ

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.

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, NOVEMBER 8 & 15 (11:00 A.M.-2:00 P.M.) & ½ HOUR BEFORE AUCTION. CALL FOR APPOINTMENT (818) 501-4888. ALL BUYERS/AGENTS MUST WEAR MASKS AND SIGN A COVID ADVISORY.

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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