TRUST SALE – DANA POINT – SUNDAY, NOVEMBER 15 @ 10:00 A.M.

TRUST SALE

DANA POINT

(4) 2 BEDROOM, 1 BATH UNITS

SUNDAY, NOVEMBER 15 @ 10:00 A.M.

SALE AT SITE

BROCHURE #035

NO COURT CONFIRMATION

LOCATION:   33751 EL ENCANTO AVENUE, DANA POINT, CA 92629  APN 682-091-02

DIRECTIONS:   THOMAS GUIDE (ORANGE COUNTY) P. 971, H-5. SOUTH OF SELVA ROAD. WEST OF GOLDEN LANTERN.  SHOW ME A MAP

DESCRIPTION:   2 STORY BUILDING. (4) 2 BEDROOM, 1 BATH UNITS IN THE VERY DESIRABLE CITY OF DANA POINT, CALIFORNIA. CLOSE TO DOHENY STATE BEACH. EACH UNIT FEATURES A LIVING ROOM & KITCHEN. 2 UNITS HAVE FIREPLACES AND THE VACANT UNIT (C) INCLUDES A DISHWASHER. WALL HEATERS. LAUNDRY ROOM WITH LEASED WASHER/DRYER. 4 GARAGES. 5 ELECTRIC METERS, 2 GAS METERS. GREAT RENTAL PROPERTY WITH UPSIDE POTENTIAL FOR ALL UNITS OR KEEP ONE FOR PERSONAL GETAWAY. CLOSE TO THE BEACH, SHOPPING AND DINING. PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB OCCUPANTS.  ALL AUCTION ATTENDEES MUST WEAR MASKS AND GLOVES AND SIGN A COVID ADVISORY. NO COURT CONFIRMATION.

INCOME:
UNIT A  –  $1,695 PER MONTH. MONTH TO MONTH TENANCY.
UNIT B  –  $1,550 PER MONTH. MONTH TO MONTH TENANCY.
UNIT C  –  VACANT
UNIT D  –  $1,750 PER MONTH. MONTH TO MONTH TENANCY.
LAUNDRY INCOME  –  $140.± (3 MONTHS)

EXPENSES (APPROXIMATE):
GAS  –  $75. PER MONTH
ELECTRIC  –  $50. PER MONTH
WATER  –  $140. PER MONTH
TRASH  –  $195. (3 MONTHS)

LOT SIZE:   4,979± SQ. FT.

TAXES:   PROPOSITION 13

JACOBSON 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, NOVEMBER 1 & 8 (11:00 A.M.-2:00 P.M.) & HALF HOUR BEFORE AUCTION. CALL FOR APPOINTMENT (818) 501-4888. BUYERS/AGENTS MUST BRING FACE MASKS & GLOVES AND SIGN A COVID ADVISORY IN ORDER TO INSPECT THE PROPERTY.

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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