TRUST SALE – NORTH HOLLYWOOD – COMMERCIAL

TRUST SALE

NORTH HOLLYWOOD

COMMERCIAL PROPERTY

BROCHURE #156

LOCATION:   5443 SATSUMA AVENUE, NORTH HOLLYWOOD, CA 91601  APN 2416-012-005

DIRECTIONS:   THOMAS GUIDE (LOS ANGELES COUNTY) P. 563, A-2. NORTH OF CHANDLER BLVD, EAST OF VINELAND AVENUE.  SHOW ME A MAP

DESCRIPTION:   COMMERCIAL PROPERTY CENTRALLY LOCATED IN THE VERY SOUGHT AFTER NORTH HOLLYWOOD AREA OF LOS ANGELES. THE LOT HAS A 2 BEDROOM, 1 BATHROOM FIXER HOME WITH A LIVING ROOM & KITCHEN. WALL HEATER.  PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB TENANT. ALL AUCTION ATTENDEES MUST WEAR A FACE MASK.

INCOME:   $1,200. PER MONTH. MONTH TO MONTH TENANCY. NO LEASE HAS BEEN PROVIDED.

LOT SIZE:   7,004± SQ. FT.

ZONED:   LAMR2            SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

MALIN 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.

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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