PROBATE SALE  –  MID CITY LOS ANGELES

BY ORDER OF SUPERIOR COURT

2 STORE FRONTS

BROCHURE #316

LOCATION:   4641-4643 W. WASHINGTON BLVD., LOS ANGELES, CA 90016  APN 5071-025-029

DIRECTIONS:   NORTH OF 10 FREEWAY. EAST OF LA BREA  SHOW ME A MAP

DESCRIPTION:   RARE OPPORTUNITY TO BUY 2 STORE FRONTS ON W. WASHINGTON BLVD IN THE HIGHLY SOUGHT AFTER MID CITY AREA OF LOS ANGELES. 4641 W. WASHINGTON BLVD (OLD RESTAURANT) IS CURRENTLY VACANT. 4643 W. WASHINGTON BLVD (FURNITURE FACTORY) IS MONTH TO MONTH. ROOF DAMAGE AND SEPARATE ELECTRIC METERS.

INCOME:   4641 W. WASHINGTON BLVD.  –  VACANT
4643 W. WASHINGTON BLVD.  –  $2,760. MONTH TO MONTH.

LOT SIZE:   7,017± SQ. FT.

TAXES:   PROPOSITION 13

ESTATE OF SERRANO

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/OWNER AND SUBJECT TO COURT CONFIRMATION.

ESCROW PERIOD:   45 DAYS OR SOONER

DEPOSIT:   $25,000 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.