TRUST SALE – TORRANCE AREA (L.A. CITY)

TRUST SALE

TORRANCE AREA (LOS ANGELES CITY)

1 BEDROOM, 1 BATHROOM FIXER HOME

7,571± SQ. FT. LA RD 1.5 LOT

BROCHURE #020

NO COURT CONFIRMATION

LOCATION:   1507 W. 208TH STREET, TORRANCE, CA 90501  APN 7351-012-016

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) 763, J-5. SOUTH OF 405 FREEWAY. EAST OF SOUTH WESTERN AVENUE.  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY A 1 BEDROOM, 1 BATHROOM FIXER HOME ON A CORNER LOT IN THE TORRANCE AREA OF LOS ANGELES. THE HOME FEATURES A LIVING ROOM, KITCHEN, SERVICE PORCH WITH UTILITY SINK AND CONVERTED BREEZEWAY WITH SIDE BY SIDE WASHER/DRYER HOOKUP (CONVERTED BREEZEWAY MAY NOT BE PERMITTED). BACK CONVERTED GARAGE INCLUDES A BATHROOM AND KITCHEN (CONVERTED GARAGE MAY NOT BE PERMITTED). LARGE FRONT YARD. MOLD PRESENT IN HOME. MOLD REPORT AVAILABLE UPON REQUEST. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY AND/OR COUNTY FOR CURRENT BUILDING REQUIREMENTS AND RESTRICTIONS. PERSONAL PROPERTY NOT INCLUDED IN SALE. GREAT CENTRAL LOCATION.

LOT SIZE:   7,571± SQ. FT.

ZONED:   LA RD 1.5         SUBJECT TO GENERAL LAN CONFIRMATION

TAXES:   PROPOSITION 13

SHOUR 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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