TRUST SALE – LOS ANGELES

TRUST SALE  –  LOS ANGELES

2 HOMES + VACANT LOT

BROCHURE #102  –  SALE #1

LOCATION:   1410 & 1414 E. 107TH STREET + VACANT LOT, LOS ANGELES, CA 90002  APN 6065-013-004, 005, 006

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 704, F-5. NORTH OF 105 FREEWAY. EAST OF S. CENTRAL AVENUE.  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY 2 HOUSES PLUS ONE VACANT LOT (3 CONTIGUOUS PARCELS) AS ONE SALE IN LOS ANGELES. 1410 E. 107TH STREET IS A 2 BEDROOM, 1 BATHROOM HOME WITH A LIVING ROOM, DINING AREA, KITCHEN AND LAUNDRY ROOM WITH SIDE BY SIDE WASHER/DRYER HOOKUP. BACKYARD. MONTH TO MONTH TENANT PAYING $850 PER MONTH. 1414 E. 107TH STREET (VACANT) IS A 3 BEDROOM, 1 BATHROOM HOME CONSISTING OF A LIVING ROOM, KITCHEN, LAUNDRY ROOM AND BACKYARD. BUYER TO VERIFY ALL PERMITS. SEPARATE PARCEL APN 6065-013-005  (3,845± SQ. FT.) SITS IN BETWEEN BOTH HOMES. 3 SEPARATE PARCELS SOLD TOGETHER AS ONE SALE. PERSONAL PROPERTY NOT INCLUDED IN SALE. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY/COUNTY FOR CURRENT BUILDING REQUIREMENTS AND RESTRICTIONS.  ALL AUCTION ATTENDEES MUST WEAR MASKS AND SIGN A COVID ADVISORY.  

INCOME:   1410 E. 107TH STREET  –  $850 PER MONTH. MONTH TO MONTH. NO LEASE.

LOT SIZE:   1410 E. 107TH STREET  –  3,845± SQ. FT.
1414 E. 107TH STREET  –  3,845± SQ. FT.
VACANT LOT  –  APN 6065-013-005  –  3,845± SQ. FT.

ZONED:   LAR1 (ALL 3 PARCELS)   SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

JIMMIE V. SMITH 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:   $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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