PROBATE SALE – EL SERENO AREA OF L.A. – SATURDAY, AUGUST 14 @ 1:00 P.M.

PROBATE SALE  –  FIXER

EL SERENO AREA OF LOS ANGELES

4 UNITS

SATURDAY, AUGUST 14 @ 1:00 P.M.

SALE AT SITE

BROCHURE #143

NO COURT CONFIRMATION

LOCATION:   2914 N. EASTERN AVENUE, LOS ANGELES, CA 90032  APN 5218-012-039

DIRECTIONS:   THOMAS GUIDE (LOS ANGELES COUNTY) P. 595, E-7. SOUTH OF HUNTINGTON DRIVE.  SHOW ME A MAP

DESCRIPTION:   4 UNIT APARTMENT BUILDING IN THE EL SERENO AREA OF LOS ANGELES. THE PROPERTY HAS (2) 2 BEDROOM, 1 BATH UNITS & (2) 1 BEDROOM, 1 BATH UNITS. EACH UNIT HAS A LIVING ROOM & KITCHEN. WALL HEATING. 4 DETACHED STORAGE AREAS. SEPARATE GAS & ELECTRIC METERS. POSSIBLE FOUNDATION DAMAGE. AVAILABLE LEASES AND UTILITY BILLS UPON REQUEST. PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB OCCUPANTS. GREAT INVESTMENT/FIXER OPPORTUNITY. CLOSE TO SCHOOLS & SHOPPING. OWNER PASSED AWAY IN 2916½ N. EASTERN AVENUE. NO COURT CONFIRMATION. 

MONTHLY INCOME:
2916 N. EASTERN AVE  –  2 BED, 1 BATH  –  $1,291  MONTH TO MONTH
2916½ N. EASTERN AVE  –  2 BED, 1 BATH  –  VACANT
2914 N. EASTERN AVE  –  1 BED, 1 BATH  –  $877.56
2914½ N. EASTERN AVE  –  1 BED, 1 BATH  –  $872.60

APPROXIMATE MONTHLY EXPENSES:
WATER  –  $385.±
SEWER/SANITATION  –  $135.±

LOT SIZE:   6,999± SQ. FT.

ZONED:   LAC4       SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

ESTATE OF OROZCO

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 ESTATE.

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:   SATURDAY, JULY 31 & AUGUST 7 (11:00 A.M.-2:00 P.M.) & ½ HOUR BEFORE AUCTION. ALL BUYERS AND AGENTS SHOULD WEAR A FACE MASK 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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