TRUST SALE – MIRACLE MILE

TRUST SALE

MIRACLE MILE

6 UNITS

BROCHURE #236

NO COURT CONFIRMATION

LOCATION:   922 ALANDELE AVENUE, LOS ANGELES, CA 90036  APN 5089-013-014  SHOW ME A MAP

DESCRIPTION:   RARE OPPORTUNITY TO BUY A SPANISH INSPIRED, 6 UNIT APARTMENT BUILDING IN THE HIGHLY SOUGHT AFTER MIRACLE MILE AREA OF LOS ANGELES. THE FULLY OCCUPIED BUILDING CONSISTS OF (6) 1 BEDROOM, 1 BATHROOM UNITS WHICH INCLUDE A LIVING ROOM, DINING AREA AND KITCHEN. 6 GARAGE SPACES AND COMMON AREA BACK YARD. 6 GAS AND 6 ELECTRIC METERS. GREAT CENTRAL LOCATION. CLOSE TO SHOPPING AND ENTERTAINMENT. PERSONAL PROPERTY NOT INCLUDED IN SALE. OLD LEASES AVAILABLE UPON REQUEST. NO COURT CONFIRMATION.

RENT ROLL:
922 ALANDELE AVENUE  –  $1,002. PER MONTH. MONTH TO MONTH.
924 ALANDELE AVENUE  –  $1,287. PER MONTH. MONTH TO MONTH.
926 ALANDELE AVENUE  –  $1,236. PER MONTH. MONTH TO MONTH.
928 ALANDELE AVENUE  –  $1,287. PER MONTH. MONTH TO MONTH.
930 ALANDELE AVENUE  –     $915. PER MONTH. MONTH TO MONTH.
932 ALANDELE AVENUE  –     $912. PER MONTH. MONTH TO MONTH.
OLD LEASES AVAILABLE UPON REQUEST.

LOT SIZE:   8,513± SQ. FT.

TAXES:   PROPOSITION 13

NAKASHIMA 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:   $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.

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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