TRUST SALE – COMPTON

TRUST SALE  –  COMPTON

2 STORY HOUSE, 3 UNITS ON A 27,467± SQ. FT. LOT

BROCHURE #013

NO COURT CONFIRMATION

LOCATION:   422-426 W. RAYMOND STREET, COMPTON, CA 90220  APN 6162-009-004

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) 734,J-5. SOUTH OF ANAHEIM BLVD. WEST OF S. WILLOWBROOK AVENUE.  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY A 2 STORY HOUSE PLUS 3 UNITS ON A LARGE 27,467± SQ. FT. LOT IN THE HIGHLY DESIRABLE RICHLAND FARMS AREA OF COMPTON. THE 2 STORY HOME (422 W. RAYMOND ST.) DOWNSTAIRS FEATURES 2 BEDROOMS, 2 BATHROOMS, KITCHEN WITH BREAKFAST NOOK, FRONT DEN (POSSIBLE BEDROOM, NO CLOSET), DINING AREA AND BACK FAMILY/LIVING ROOM. 2 ROOMS (NO CLOSETS) ¾ BATH & WET BAR UPSTAIRS. CENTRAL AIR CONDITIONING AND 2 CAR DETACHED GARAGE. 426 W. RAYMOND STREET 1 BEDROOM, 1 BATHROOM WITH LIVING ROOM & KITCHEN. 426½ W. RAYMOND STREET 1 BEDROOM, ¾ BATHROOM WITH LIVING ROOM & KITCHEN. 426¼ W. RAYMOND STREET 2 STORY, 1 BEDROOM, ¾ BATHROOM WITH LIVING ROOM & KITCHEN. TOILET IN UPSTAIRS BEDROOM. SEPARATE BONUS ROOM/STRUCTURE IN THE MIDDLE OF PROPERTY (NO ADDRESS). THERE APPEARS TO BE 3 GAS & 2  ELECTRIC METERS ON PROPERTY (BUYER TO VERIFY). BUYERS TO VERIFY ALL PERMITS AND THE LEGALITY/CONFORMITY OF ALL STRUCTURES ON THE PROPERTY INCLUDING BUT NOT LIMITED TO INFORMATION IN THIS DESCRIPTION. POSSIBLE DEVELOPMENT SITE & HORSE PROPERTY. BUYERS SHOULD CHECK WITH THE CITY OF COMPTON FOR CURRENT BUILDING REQUIREMENTS AND RESTRICTIONS. CITY OF COMPTON PRESALE INSPECTION REPORT AVAILABLE UPON REQUEST. SOLD SUBJECT TO EXISTING OCCUPANCY.  NO COURT CONFIRMATION.

INCOME:
422 W. RAYMOND STREET  –  VACANT
426 W. RAYMOND STREET  –  $1060 PER MONTH (SECTION 8 CONTRACT AVAILABLE UPON REQUEST)
426½ W. RAYMOND STREET  –  VACANT
426¼ W. RAYMOND STREET  –  $625 PER MONTH. MONTH TO MONTH.

LOT SIZE:   27,467± SQ. FT.

ZONED:   CORA*         SUBJECT TO GENERAL LAN CONFIRMATION

TAXES:   PROPOSITION 13

BIRDIE BALDWIN 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:   $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:   OPEN HOUSE CANCELLED UNTIL FURTHER NOTICE.

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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