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LAST UPDATED: 9-3-10
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CONSERVATORSHIP SALE

BY ORDER OF SUPERIOR COURT

LOS ANGELES

DUPLEX  -  FIXER

BROCHURE #028

CALL FOR INFORMATION REGARDING THIS PROPERTY
(818) 501-4888

LOCATION:  1526-1528 E. 90TH STREET, LOS ANGELES, CA 90002,  APN 6044-006-009

DIRECTIONS:  THOMAS GUIDE (L.A. COUNTY) P. 704, F-3. SOUTH OF MANCHESTER AVE. / FIRESTONE BLVD., EAST OF COMPTON BLVD..  SHOW ME A MAP

DESCRIPTION: 2 STORY DUPLEX IN LOS ANGELES. FRONT UNIT  (1526) HAS A LIVING ROOM, DINING ROOM & KITCHEN. UPSTAIRS ARE 2 BEDROOMS & 1 BATH. THE REAR UNIT (1528) INCLUDES A LIVING ROOM, KITCHEN, 2 BEDROOMS & 1 BATH. SEPARATE GAS & ELECTRIC METERS. WINDOWS HAVE BEEN BOARDED. BUILDING HAS BEEN CITED FOR LEAD PAINT VIOLATIONS. COPY OF VIOLATIONS AVAILABLE UPON REQUEST. REMEDIATION WORK NOT COMPLETED. SOLD "AS IS". LARGE LOT WITH GRASS YARD & REAR ALLEY. GREAT FIXER OPPORTUNITY. NEW SCHOOL BEING BUILT ACROSS THE STREET.

LOT SIZE:  7,118± SQ. FT.

ZONED:  LCR2*   SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:  PROPOSITION 13

CONSERVATORSHIP OF HENRY SIMON

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 CONSERVATOR 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.

SEE FLANS & WEINER SALES POLICY

TERMS OF SALE

PROBATE SALE  -  FIXER

BY ORDER OF SUPERIOR COURT

ALTADENA

4 BEDROOM, 1¾ BATH HOME

BROCHURE #039

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LOCATION:  3506 CANYON CREST ROAD, ALTADENA, CA 91001  APN 5830-008-010

DIRECTIONS:  THOMAS GUIDE (L.A. COUNTY) P. 535, F-4. WEST OF LINCOLN AVENUE, NORTH OF W. LOMA ALTA DRIVE.  SHOW ME A MAP

DESCRIPTION: CONTEMPORARY, 4 BEDROOM, 1¾ BATH HOME IN THE VERY DESIRABLE FOOTHILL COMMUNITY OF ALTADENA, CALIFORNIA. THE HOUSE INCLUDES A WOOD CEILING LIVING ROOM WITH FIREPLACE, KITCHEN WITH WASHER HOOKUP AND DINING/BREAKFAST ROOM. LARGE FAMILY ROOM WITH WOOD CEILING AND FIREPLACE. CENTRAL AIR CONDITIONING. POOL. GREAT FIXER OPPORTUNITY. POSSIBLE ROOF DAMAGE/LEAKING. OWNER PASSED AWAY IN THE HOUSE. PERSONAL PROPERTY NOT INCLUDED IN SALE.

LOT SIZE:  9,579± SQ. FT.

ZONED:  LCR 110    SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:  PROPOSITION 13

ESTATE OF DOROTHY F. COLEMAN

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 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.

SEE FLANS & WEINER SALES POLICY

TERMS OF SALE


KANSAS AVENUE, LOS ANGELES

PROBATE SALES

BY ORDER OF SUPERIOR COURT

4 UNITS  -  LOS ANGELES  -  FIXER

(2) 5 ACRE PARCELS  -  SAN BERNARDINO COUNTY

BROCHURE #043

CALL FOR INFORMATION REGARDING THIS PROPERTY
(818) 501-4888

SALE #1
LOCATION:
 
6000 KANSAS AVENUE, LOS ANGELES, CA 90044  APN 6003-014-001

DIRECTIONS:  THOMAS GUIDE (L.A. COUNTY) P. 674, A-6. SOUTH OF SLAUSON AVENUE, WEST OF VERMONT AVENUE.  SHOW ME A MAP

DESCRIPTION: 4 UNITS ON A CORNER LOT IN SOUTH LOS ANGELES. THERE ARE (2) 2 BEDROOM, 1 BATH UNITS & (2) 1 BEDROOM, 1 BATH UNITS. GARAGES. SEPARATE GAS & ELECTRIC METERS. GOOD FIXER OPPORTUNITY. ROOF DAMAGE. GREAT CENTRAL LOCATION. CLOSE TO SHOPPING, SCHOOLS & 110 FREEWAY. DO NOT DISTURB OCCUPANTS. PERSONAL PROPERTY NOT INCLUDED IN SALE. COPY OF L.A. CITY NOTICE & ORDER OF ABATEMENT, DATED FEBRUARY 10, 2010 AVAILABLE UPON REQUEST. CALL (818) 501-4888.

INCOME:  (1) UNIT OCCUPIED. MONTH TO MONTH. $250 PER MONTH.

LOT SIZE:   6,229± SQ. FT.

ZONED:  LA R2    SUBJECT TO GENERAL PLAN CONFIRMATION

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:  SUNDAY, AUGUST 15 & 22 (11:00 AM-2:00 PM) & ½ HOUR BEFORE AUCTION.
===============================================================
SALE #2

LOCATION:  EMERALD ROAD, LUCERNE VALLEY, SAN BERNARDINO COUNTY, CA  APN 0450-311-51

DIRECTIONS:  THOMAS GUIDE (SAN BERNARDINO COUNTY) P. 4570, H-1. SOUTH OF ROUTE 18 WEST OF CRYSTAL CREEK ROAD.

DESCRIPTION:  5± ACRE PARCEL. THERE MAY BE A 1 BEDROOM, 1 BATH HOME ON THE PROPERTY (NOT VERIFIED). SOLD "AS IS".

LOT SIZE:  5± ACRES
=============================================================================
SALE #3
LOCATION:  EMERALD ROAD, LUCERNE VALLEY, SAN BERNARDINO COUNTY, CA  APN 0450-311-02

DIRECTIONS:  SAME AS SALE #2

DESCRIPTION:  5± ACRE VACANT PARCEL.

DEPOSIT AND INSPECTION INFORMATION FOR SALES #2 & #3

DEPOSIT:  $5,000 CASH OR CASHIER'S CHECK REQUIRED TO BID FOR EACH SALE. 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:  ANYTIME

GENERAL INFORMATION FOR ALL SALES

TAXES:  PROPOSITION 13

ESTATE OF ROSIE BARNES

TERMS:  CASH. BUYER TO OBTAIN OWN FINANCING. FINANCING IS NOT A CONTINGENCY TO THESE SALES. PROPERTIES SOLD IN "AS IS" CONDITION WITH NO CONTINGENCIES WHATSOEVER. PROPERTIES SOLD SUBJECT TO ACCEPTANCE OR REJECTION BY THE ESTATE AND SUBJECT TO COURT CONFIRMATION.

ESCROW PERIOD:  45 DAYS OR SOONER

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.

SEE FLANS & WEINER SALES POLICY

TERMS OF SALE


 

PROBATE SALE  -  FIXER

BY ORDER OF SUPERIOR COURT

LOS ANGELES

3 BEDROOM, 1 BATH HOME

BROCHURE #040

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(818) 501-4888

LOCATION:  2617 GRIFFITH AVENUE, LOS ANGELES, CA 90011  APN 5128-018-027

DIRECTIONS:  THOMAS GUIDE (L.A. COUNTY) P. 674, E-1. SOUTH OF ADAMS BLVD., BETWEEN SAN PEDRO STREET AND CENTRAL AVENUE. SHOW ME A MAP

DESCRIPTION: TRADITIONAL 3 BEDROOM, 1 BATH HOME WITH SIDE ALLEY. LIVING ROOM, KITCHEN AND SERVICE PORCH. FENCED. R3 ZONED. GOOD FIXER OPPORTUNITY. CLOSE TO SHOPPING, 10 FREEWAY AND DOWNTOWN LOS ANGELES.

LOT SIZE:  2,596± SQ. FT.

ZONED:  LA R3    SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:  PROPOSITION 13

ESTATE OF ROSIE BARNES

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 SUBJECT TO COURT CONFIRMATION.

ESCROW PERIOD:  45 DAYS OR SOONER

DEPOSIT:  $5,000 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:  SUNDAY, AUGUST 15 & 22 (11:00 AM-2:00 PM) & 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.

SEE FLANS & WEINER SALES POLICY

TERMS OF SALE

 

PROBATE SALE

LAUREL CANYON (HOLLYWOOD HILLS)  -  FIXER

4 BEDROOM, 1¾ BATH HOME

SUNDAY, SEPTEMBER 12 @ 11:00 AM

SALE AT SITE

BROCHURE #042

NO COURT CONFIRMATION

LOCATION:  2530 THAMES STREET, LOS ANGELES, CA 90046  APN 5565-020-016

DIRECTIONS:  THOMAS GUIDE (L.A. COUNTY) P. 593, A-2. EAST OF LAUREL CANYON BLVD., NORTH OF HOLLYWOOD BLVD., WEST OF NICHOLS CANYON ROAD.  SHOW ME A MAP

DESCRIPTION: GREAT OPPORTUNITY TO BUY A MODERN, 2 STORY, FIXER HOME IN THE BEAUTIFUL LAUREL CANYON, HOLLYWOOD HILLS AREA. THE HOME FEATURES 2 BEDROOMS & 1 BATH UPSTAIRS & 2 BEDROOMS & (1) ¾ BATH DOWNSTAIRS. OPEN LIVING ROOM WITH VAULTED CEILING & FIREPLACE. KITCHEN WITH COOKTOP, OVEN & DISHWASHER. CENTRAL AIR CONDITIONING & HEAT. LAUNDRY ROOM ON THE SIDE OF THE HOME WITH SIDE BY SIDE WASHER/DRYER HOOKUP (MAY NOT BE PERMITTED). NICE BACKYARD WITH POOL. ENCLOSED SUNROOM ATTACHED TO UPSTAIRS BEDROOMS. CARPORT ON SIDE OF HOME. CONVERTED GARAGE WITH KITCHEN & BATHROOM UNDER FRONT OF HOME (KITCHEN & BATHROOM MAY NOT BE PERMITTED). GREAT FIXER OPPORTUNITY IN LAUREL CANYON (HOLLYWOOD HILLS). CLOSE TO SHOPPING AND ENTERTAINMENT. CURRENT TENANTS ARE PAYING $3,000 PER MONTH. MONTH TO MONTH TENANCY. NO LEASE. TENANTS HAVE BEEN GIVEN A 30 DAY NOTICE TO VACATE THE PROPERTY. PERSONAL PROPERTY NOT INCLUDED IN SALE. NO COURT CONFIRMATION. DO NOT DISTURB OCCUPANTS. SET OF PERMITS FOR HOME AVAILABLE UPON REQUEST.

INCOME:  $3,000 PER MONTH. MONTH TO MONTH TENANCY.

LOT SIZE:  5,728± SQ. FT.

ZONED:  LA RE11    SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:  PROPOSITION 13

ESTATE OF ELM RICH

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.

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:  SUNDAY, AUGUST 29 & SEPTEMBER 5 (11:00 AM-2:00 PM) & 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.

SEE FLANS & WEINER SALES POLICY

 

PROBATE SALE

BY ORDER OF SUPERIOR COURT

CARSON

2 BEDROOM, 1 BATH HOME + FAMILY ROOM

SUNDAY, SEPTEMBER 12 @ 2:00 PM

SALE AT SITE

BROCHURE #044

LOCATION:  840 E. LINCOLN STREET, CARSON, CA 90745  APN 7404-007-010

DIRECTIONS:  THOMAS GUIDE (L.A. COUNTY) P. 794, E-2. 1 BLOCK OFF OF SEPULVEDA BLVD. BETWEEN AVALON BLVD & WILMINGTON AVENUE.  SHOW ME A MAP

DESCRIPTION: TRADITIONAL 2 BEDROOM, 1 BATH HOME IN THE VERY DESIRABLE CITY OF CARSON, CALIFORNIA. THE HOME FEATURES A LIVING ROOM & DINING AREA. FAMILY ROOM WITH FIREPLACE. KITCHEN WITH WASHER/DRYER HOOKUP. CENTRAL HEATING. CARPORT. GRASS BACKYARD. BONUS WORKSHOP BUILDING. GOOD FIXER OPPORTUNITY. COPY OF CARSON PRESALE INSPECTION REPORT AVAILABLE UPON REQUEST. BUYER WILL BE RESPONSIBLE, AT BUYER'S EXPENSE, PRIOR TO CLOSE OF ESCROW, TO OBTAIN A REMEDIATION AGREEMENT FROM THE CITY OF CARSON TO CORRECT ANY VIOLATIONS IN THE PRESALE REPORT. CORRECTIONS TO BE DONE AT BUYER'S EXPENSE AFTER CLOSE OF ESCROW. GREAT FIXER OPPORTUNITY. CLOSE TO FREEWAYS, SCHOOLS & SHOPPING.

LOT SIZE:  4,556± SQ. FT.

ZONED:  CARS    SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:  PROPOSITION 13

ESTATE OF MURO

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 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:  SUNDAY, AUGUST 29 & SEPTEMBER 5 (11:00 AM-2:00 PM) & 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.

SEE FLANS & WEINER SALES POLICY

TERMS OF SALE

PROBATE  -  FIXER

LOS ANGELES

4 BEDROOM, 2 BATH HOME + DEN

SUNDAY, OCTOBER 10 @ 11:00 AM

SALE AT SITE

BROCHURE #045

NO COURT CONFIRMATION

LOCATION:  4177 S. NORMANDIE AVENUE, LOS ANGELES, CA 90037  APN 5021-016-041

DIRECTIONS:  THOMAS GUIDE (L.A. COUNTY) P. 673, J-3. SOUTH OF MARTIN LUTHER KING BLVD., NORTH OF VERNON AVENUE.  SHOW ME A MAP

DESCRIPTION: TRADITIONAL, 4 BEDROOM, 2 BATH FIXER HOME IN LOS ANGELES. THE HOUSE FEATURES A LIVING ROOM & DINING AREA. KITCHEN WITH SERVICE PORCH AND WASHER/DRYER HOOKUP. THERE IS A SMALL DEN. DETACHED GARAGE & GRASS BACK YARD. THE DEN, 4TH BEDROOM & 2ND BATHROOM MAY NOT BE PERMITTED. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY OF LOS ANGELES FOR CURRENT BUILDING REQUIREMENTS. GREAT FIXER OPPORTUNITY. CLOSE TO SCHOOLS, SHOPPING & DOWNTOWN LOS ANGELES. NO COURT CONFIRMATION.

LOT SIZE:  6,199± SQ. FT.

ZONED:  LA RD1.5    SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:  PROPOSITION 13

ESTATE OF MADIE HARRIS

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.

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:  SUNDAY, SEPTEMBER 26 & OCTOBER 3 (11:00 AM-2:00 PM) & 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.

SEE FLANS & WEINER SALES POLICY

HIGH VISIBILITY COMMERCIAL CORNER

LOS ANGELES

SUNDAY, OCTOBER 10 @ 1:00 PM

SALE AT SITE

BROCHURE #046

NO COURT CONFIRMATION

LOCATION:  6700 S. SAN PEDRO STREET, LOS ANGELES, CA 90003  APN 6011-012-056

DIRECTIONS:  THOMAS GUIDE (L.A. COUNTY) P. 675, D-7. SOUTH EAST CORNER OF 67TH STREET & SOUTH SAN PEDRO STREET.  SHOW ME A MAP

DESCRIPTION: GREAT CORNER LOCATION ON HIGH TRAFFIC/VISIBILITY SOUTH SAN PEDRO STREET IN LOS ANGELES. THE PROPERTY INCLUDES TALL IRON FENCES WITH ROLLING GATES ON SOUTH SAN PEDRO STREET & 67TH STREET. FORMERLY USED FOR AUTOMOTIVE REPAIR, MARKET AND HARDWARE BUSINESSES. ACROSS THE STREET FROM ELEMENTARY SCHOOL, NON-CONFORMING USE. CURRENTLY ZONED LA R3. THE BUILDING HAS 2 BATHROOMS. UPSTAIRS ROOM AND BATH MAY NOT BE PERMITTED. POSSIBLE LAUNDROMAT LOCATION. BUYERS SHOULD CHECK WITH THE CITY OF LOS ANGELES FOR CURRENT ALLOWABLE USAGE AND ANY GRANDFATHERED ALLOWANCES. NO PHASE 1 OR PHASE 2 REPORTS. SOLD "AS IS" WITH NO CONTINGENCIES. GREAT FIXER OPPORTUNITY. NO COURT CONFIRMATION. COPIES OF PERMITS, CITY OF LOS ANGELES NON CONFORMING USE REPORTS & CITY OF LOS ANGELES ORDER TO COMPLY REPORTS AVAILABLE UPON REQUEST (818) 501-4888.

LOT SIZE:  6,970± SQ. FT.

ZONED:  LA R3    SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:  PROPOSITION 13

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 SELLER.

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:  SUNDAY, SEPTEMBER 26 & OCTOBER 3 (11:00 AM-2:00 PM) & 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.

IF YOU WOULD LIKE TO BE ON THE FLANS & WEINER MAILING LIST AND AUTOMATICALLY RECEIVE THE LATEST BROCHURES ELECTRONICALLY, SEND YOUR E-MAIL ADDRESS TO: info@flansweiner.com

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TERMS OF SALE
By Order of the Superior Court

1. These properties are offered together with improvements thereon as is, with no warranty expressed or implied.  The estate and the auctioneer make no representations regarding the properties offered for sale.   Bidders must rely on their own inspections.  No termite clearance will be supplied for these sales.  Sold "as is" with no contingencies whatsoever.
2. Sales of these properties are subject to probate court confirmation.  Higher bids may be accepted by the court if they are made in court and they are in an amount of at least 10% more on the first $10,000 and 5% more on the amount of the bid in excess of $10,000 of the original bid submitted for confirmation.
3. On the day of auction sale, the high bidder will be required to deposit 10% of the amount of his bid as follows:  the first (see terms & conditions for deposit) in the form of cashier's check; balance of the 10% deposit may be in the form of personal check.  the purchase contract will require completion of the purchase as follows.
(a) A 45 day escrow shall be opened by the seller at a company of sellers choice.
(b) Bidder's deposit will be applied to the purchase price.   Balance of purchase price to be cash.
(c) Seller will furnish policy of title insurance through escrow at sellers expense.
(d) Taxes, rents, fire insurance and interest on encumbrances will be prorated to close of escrow.
(e) Escrow fees to be shared one-half by seller, one-half by buyer.
4. A real estate broker who registers a client with the auctioneer 48 hours prior to auction and attends the auction with his client will receive 50% of the total commission awarded by the court to the seller's broker less agreed to advertising & auction expense deduction.
5. All descriptions and information is derived from sources reliable, but no guarantee is expressed or implied.  Announcements made on the day of sale will take precedence.

GENERAL INFORMATION

If escrow does not close within the 45 days, or within an extension of time granted by the seller, Probate Code of California Sec. 10350 requires the seller to ask the probate court to vacate the sale.  If the court orders the sale vacated, the law requires the deposit to be held by the seller until the property has been sold again and escrow has closed.  If the total amount of final sales price, plus the amount of expenses and fees allowed by the court for vacating the first sale, is less than sales price of the vacated sale, the difference is paid from the deposit.  If the difference is greater than the deposit, a lawsuit to collect the amount is usually filed.
 

FLANS & WEINER SALES POLICY

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The zoning information contained herein including but not limited to square footage, zoning and lot size was obtained from sources believed reliable.   However, Flans & Weiner, Inc.  makes no representation as to the accuracy thereof and recommends buyer consult appropriate professionals to determine same.

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The property will be sold in its present "as is" condition (the actual physical condition of the property existing on the date of the auction) with no warranties or contingencies whatsoever.  All descriptions of size and location of the property stated in the auction catalog are approximations only.  Seller / receiver have not and do not make any representations, warranties or covenants, either express of implied, regarding any matter whatsoever (except for seller's title), including, but not limited to, geological condition, soil condition, asbestos, zoning, existing means or ingress and egress, the availability of utilities, water or the presence of toxic waste materials on, in or under the property.
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A standard policy of title will be issued by the seller insuring marketable title.   Balance of escrow expenses to be divided equally.
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Broker participation invited with registration in writing 48 hours prior to sale.  Only brokers with duly registered clients may be permitted at sale.   Brokers must attend the auction with client in order to receive a commission.
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Seller and auctioneer reserve the right to refuse admittance to or expel anyone from the auction premises for interference with auction activities, nuisance, canvassing or other reasons.
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