TRUST SALE – UNIVERSAL STUDIOS ADJACENT – THURSDAY, JUNE 10 @ 10:00 A.M.

TRUST SALE  –  UNIVERSAL STUDIOS ADJACENT

PERFORMING ARTS THEATER & OFFICES

THURSDAY, JUNE 10 @ 10:00 A.M.

SALE AT SITE

BROCHURE #131

MAY BE SUBJECT TO COURT CONFIRMATION

LOCATION:   3333 CAHUENGA BLVD. W., LOS ANGELES, CA 90068  APN 2425-026-007

DIRECTIONS:   THOMAS GUIDE (LOS ANGELES COUNTY) P. 653, C-7. SOUTH OF 101 FREEWAY. EAST OF UNIVERSAL STUDIOS BLVD.  SHOW ME A MAP

DESCRIPTION:   AMAZING OPPORTUNITY TO BUY A 2 STORY COMMERCIAL BUILDING ON AN EXTREMELY HIGH VISIBILITY SECTION OF CAHUENGA BLVD., CLOSE TO UNIVERSAL STUDIOS. CURRENTLY THE BUILDING IS BEING RENTED TO THEATRE WEST AND OPERATING AS A PERFORMANCE THEATER. 3 OFFICES UPSTAIRS ALONG WITH ½ BATH. CLOSE TO INCREDIBLE RESTAURANTS, SHOPPING, ENTERTAINMENT AND THE ICONIC UNIVERSAL STUDIOS. LEASES AND APPRAISAL AVAILABLE UPON REQUEST.  ALL AUCTION ATTENDEES MUST WEAR MASKS AND SIGN A COVID ADVISORY.  MAY BE SUBJECT TO COURT CONFIRMATION.

INCOME:   $4,100 PER MONTH. MONTH TO MONTH.

LOT SIZE:   3,594± SQ. FT.

ZONED:   LA C2       SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

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 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:   THURSDAY, MAY 27 & JUNE 3 (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 THESE PROPERTIES OR THE AUCTION PROCESS (818) 501-4888.

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