TRUST SALE – SANTA MONICA – SUNDAY, MARCH 10@ 10:00 A.M.
TRUST SALE
SANTA MONICA
5 UNITS
SUNDAY, MARCH 10 @ 10:00 A.M.
SALE AT SITE
BROCHURE #912
NO COURT CONFIRMATION
LOCATION: 707 STRAND STREET, SANTA MONICA, CA 90405 APN 4289-001-025
DIRECTIONS: THOMAS GUIDE (L.A. COUNTY) P. 671, F-3. SOUTH OF PICO BLVD.. WEST OF LINCOLN BLVD.. SHOW ME A MAP
DESCRIPTION: GREAT OPPORTUNITY TO BUY 5 PRIDE OF OWNERSHIP UNITS IN SANTA MONICA, ONE OF THE MOST SOUGHT AFTER, DESIRABLE WEST SIDE BEACH COMMUNITIES AROUND. THE BUILDING CONSISTS OF (1) 2 BEDROOM, 1 BATH UNIT AND (4) 1 BEDROOM, 1 BATH UNITS. 5 COVERED CARPORT PARKING SPACES BEHIND BUILDING AND SEPARATE GAS & ELECTRIC METERS. WASHER/DRYER HOOKUP IN UNITS #2, #3, #4 & #5. LEASES & EXPENSES AVAILABLE UPON REQUEST. DO NOT DISTURB OCCUPANTS. NO COURT CONFIRMATION.
INCOME:
UNIT #1 – 1 BEDROOM, 1 BATH $714.41 PER MONTH.
UNIT #2 – 1 BEDROOM, 1 BATH $2,792.25. PER MONTH.
UNIT #3 – 1 BEDROOM, 1 BATH $2,845. PER MONTH.
UNIT #4 – 2 BEDROOM, 1 BATH $2,177.25 PER MONTH.
UNIT #5 – 1 BEDROOM, 1 BATH $2,845. PER MONTH.
LOT SIZE: 5,947± SQ. FT.
ZONED: SMOP2 SUBJECT TO GENERAL PLAN CONFIRMATION
TAXES: PROPOSITION 13
ESFANDI 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.
INSPECTIONS: SUNDAY, FEBRUARY 24 & MARCH 3 (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.