TRUST SALE – UNIVERSAL STUDIOS AREA – COMMERCIAL – THURSDAY, AUGUST 11 @ 11:00 A.M.

TRUST SALE  –  UNIVERSAL STUDIOS AREA

COMMERCIAL BUILDING

THURSDAY, AUGUST 11 @ 11:00 A.M.

SALE AT SITE

BROCHURE #245

MAY BE SUBJECT TO COURT CONFIRMATION

LOCATION:   3141 CAHUENGA BLVD W., LOS ANGELES, CA 90068  APN 2429-012-005  SHOW ME A MAP

DESCRIPTION:   RARE OPPORTUNITY TO BUY A COMMERCIAL BUILDING WITH PARKING CLOSE TO UNIVERSAL STUDIOS HOLLYWOOD. THE BUILDING FEATURES (1) ½ BATHROOM, KITCHENETTE AND CENTRAL AIR CONDITIONING. PERSONAL PROPERTY NOT INCLUDED IN SALE. LEASE AND APPRAISALS AVAILABLE UPON REQUEST. PUBLIC RECORDS SHOW BUILDING STRUCTURE TO BE 1,240± SQ. FT. AND 2021 APPRAISAL SHOW BUILDING STRUCTURE TO BE 1,899± SQ. FT.. ROOF REPAIRED IN 2022. ROOF REPAIR INVOICE AVAILABLE UPON REQUEST. BUYER TO VERIFY ALL PERMITS. EXCELLENT OWNER/USER OR INVESTMENT OPPORTUNITY.

INCOME:   $2,200. PER MONTH. MONTH TO MONTH.

LOT SIZE:   4,437± SQ. FT.

ZONED:   LAC2      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 TRUSTEES 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, JULY 28 & AUGUST 4 (11:00 A.M.-2:00 P.M.) & ½ HOUR BEFORE AUCTION.

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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