TRUST SALE – NORTH HOLLYWOOD ARTS DISTRICT
TRUST SALE
NORTH HOLLYWOOD ARTS DISTRICT
R4-TIER 3 ZONE
2 BEDROOM, 1 BATH HOME
BROCHURE #870
NO COURT CONFIRMATION
LOCATION: 5552 FULCHER AVENUE, NORTH HOLLYWOOD, CA 91601 APN 2350-003-021
DIRECTIONS: THOMAS GUIDE (L.A. COUNTY) P. 562, J-2. SOUTH OF BURBANK BLVD. EAST OF LANKERSHIM BLVD. SHOW ME A MAP
DESCRIPTION: GREAT OPPORTUNITY TO BUY A 2 BEDROOM, 1 BATH FIXER HOME ON A R4 TIER 3 LOT (SUBJECT TO GENERAL PLAN CONFIRMATION) IN THE NORTH HOLLYWOOD ARTS DISTRICT AREA. TREMENDOUS POSSIBLE DEVELOPMENT OPPORTUNITY. BUYERS SHOULD CHECK WITH THE CITY FOR CURRENT BUILDING RESTRICTIONS AND REQUIREMENTS. PHASE I REPORT AVAILABLE UPON REQUEST. BUYERS TO VERIFY ALL PERMITS. NO COURT CONFIRMATION.
LOT SIZE: 7,265± SQ. FT.
ZONED: LAR4 SUBJECT TO GENERAL PLAN CONFIRMATION
TAXES: PROPOSITION 13
FULCHER 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.