TRUST SALE – EAST LOS ANGELES – 4 UNITS

TRUST SALE  –  EAST LOS ANGELES

BY ORDER OF SUPERIOR COURT

4 UNITS

BROCHURE #240

LOCATION:   1047 S. RECORD AVENUE, LOS ANGELES, CA 90023  APN 5239-018-023   SHOW ME A MAP

DESCRIPTION:   (4) 1 BEDROOM, 1 BATH UNITS IN EAST LOS ANGELES. EACH UNIT HAS A LIVING ROOM, KITCHEN, WALL HEATER. CLOSE TO 5 & 710 FREEWAYS. SEPARATE GAS & ELECTRIC METERS FOR EACH UNIT. BUYER TO PAY FOR ALL REQUIRED CITY & STATE RETROFIT CERTIFICATIONS, PRIOR TO CLOSE OF ESCROW, USING COMPANY OF SELLER’S CHOICE. THE PROPERTY WAS IDENTIFIED IN 2017 TO BE INCLUDED IN THE DEPARTMENT OF TOXIC SUBSTANCE CONTROL PROGRAM. DEPARTMENT REPORT AVAILABLE UPON REQUEST. TENANT LEASES AVAILABLE UPON REQUEST. EMAIL SALES@FLANSWEINER.COM. PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB OCCUPANTS.

INCOME:
1047 S. RECORD AVENUE  –  VACANT
1049 S. RECORD AVENUE  –  $1,320. PER MONTH.
1049½S. RECORD AVENUE  –  $1,340. PER MONTH.
1051 S. RECORD AVENUE  –  $1,070. PER MONTH.

LOT SIZE:   6,897± SQ. FT.

ZONED:   LCR4YY         SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

GARCIA 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.

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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