TRUST SALE  –  SILVER LAKE

DUPLEX

BROCHURE #328

NO COURT CONFIRMATION

LOCATION:   2416 MORENO DRIVE, LOS ANGELES, CA 90039  APN 5432-018-012

DIRECTIONS:   EAST OF HYPERION. WEST OF W. SILVER LAKE DRIVE.  SHOW ME A MAP

DESCRIPTION:   RARE OPPORTUNITY TO BUY A SPANISH INSPIRED, VACANT DUPLEX WITH VIEWS OF THE RESERVOIR IN THE HIGHLY SOUGHT AFTER SILVER LAKE AREA OF LOS ANGELES. (2) 1 BEDROOM, 1 BATHROOM SPACIOUS UNITS FEATURE STEP DOWN LIVING ROOMS WITH FIREPLACES & FORMAL DINING AREAS. CONVERTED BASEMENT WITH LAUNDRY (NO PERMIT). A 2 CAR GARAGE AND BACK PATIO COMPLETE THIS SPECTACULAR VIEW PROPERTY IN THE HILLS OF SILVER LAKE. 2 GAS & 2 ELECTRIC METERS. OWNER PASSED AWAY ON THE PROPERTY. CLOSE TO SHOPPING, DINING AND ENTERTAINMENT.

LOT SIZE:   4,873± SQ. FT.

ZONED:   LA R1           SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

WATSON 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 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.