TRUST SALE – NORTH HOLLYWOOD – COMMERCIAL – SATURDAY, NOVEMBER 13 @ 10:00 A.M.

TRUST SALE

BY ORDER OF SUPERIOR COURT

NORTH HOLLYWOOD

COMMERCIAL PROPERTY

SATURDAY, NOVEMBER 13 @ 10:00 A.M.

SALE AT SITE

BROCHURE #156

LOCATION:   5443 SATSUMA AVENUE, NORTH HOLLYWOOD, CA 91601  APN 2416-012-005

DIRECTIONS:   THOMAS GUIDE (LOS ANGELES COUNTY) P. 563, A-2. NORTH OF CHANDLER BLVD, EAST OF VINELAND AVENUE.  SHOW ME A MAP

DESCRIPTION:   COMMERCIAL PROPERTY CENTRALLY LOCATED IN THE VERY SOUGHT AFTER NORTH HOLLYWOOD AREA OF LOS ANGELES. THE LOT HAS A 2 BEDROOM, 1 BATHROOM FIXER HOME WITH A LIVING ROOM & KITCHEN. WALL HEATER.  PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB TENANT. ALL AUCTION ATTENDEES MUST WEAR A FACE MASK.

INCOME:   $1,200. PER MONTH. MONTH TO MONTH TENANCY. NO LEASE HAS BEEN PROVIDED.

LOT SIZE:   7,004± SQ. FT.

ZONED:   LAMR2            SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

MALIN 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 AND SUBJECT TO COURT CONFIRMATION.

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.

INSPECTIONS:   SATURDAY, OCTOBER 30 & NOVEMBER 6 (11:00 A.M.-2:00 P.M.) & HALF HOUR BEFORE AUCTION. ALL BUYERS AND AGENTS MUST WEAR A FACE MASK TO INSPECT THE PROPERTY.

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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