TRUST SALE – MELROSE HILL
TRUST SALE – MELROSE HILL
5 BEDROOM, 6 BATHROOM HOME + GUEST UNIT
BROCHURE #815
NO COURT CONFIRMATION
LOCATION: 4926 MARATHON STREET, LOS ANGELES, CA 90029 APN 5535-029-025
DIRECTIONS: THOMAS GUIDE (L.A. COUNTY) P. 593, H-6. NORTH OF MELROSE AVENUE. WEST OF N. HARVARD BLVD.. SHOW ME A MAP
DESCRIPTION: GREAT OPPORTUNITY TO BUY A 2 STORY, 5 BEDROOM, 6 BATHROOM HOME WITH A DETACHED GUEST UNIT ON A LARGE 10,063± SQ. FT. LOT IN THE HIGHLY DESIRABLE MELROSE HILL AREA (HPOZ) OF LOS ANGELES. THE DOWNSTAIRS FEATURES A LIVING ROOM WITH DINING AREA, (2) ½ BATHS, BEDROOM WITH ¾ BATH, OPEN KITCHEN WITH CENTER ISLAND AND SERVICE PORCH WITH LAUNDRY HOOKUP. UPSTAIRS FEATURES 4 BEDROOM, 3 BATHROOMS ((1) FULL ON SUITE BATH, (2) ¾ BATHS) AND DEN. 2 CAR DETACHED GARAGE WITH GUEST UNIT ABOVE. GUEST UNIT FEATURES A LIVING AREA, KITCHEN WITH COOKTOP, ¾ BATH AND OFFICE/BEDROOM (NO CLOSET). BUYERS TO VERIFY ALL PERMITS. LARGE BACKYARD. 2 ELECTRIC METERS. BUYERS SHOULD CHECK WITH THE CITY REGARDING CURRENT BUILDING/REMODELING RESTRICTIONS, REQUIREMENTS, USE CODE AND ZONING. GREAT CENTRALLY LOCATED PROPERTY. NO COURT CONFIRMATION.
LOT SIZE: 10,063± SQ. FT.
ZONED: LA R1 SUBJECT TO GENERAL PLAN CONFIRMATION
TAXES: PROPOSITION 13
MARATHON 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.