PROBATE/TRUST SALE  –  LOS ANGELES

BY ORDER OF SUPERIOR COURT

3 UNITS

BROCHURE #446

LOCATION:   491 S. ARIZONA AVENUE, LOS ANGELES, CA 90022   APN 5247-020-008

DIRECTIONS:   EAST OF 710 FREEWAY. SOUTH OF 60 FREEWAY.  SHOW ME A MAP

DESCRIPTION:   RARE OPPORTUNITY TO BUY 3 UNITS IN LOS ANGELES. PUBLIC RECORDS SHOW DUPLEX. SOME OF THE PROPERTY MAY NOT BE PERMITTED. UNCOOPERATIVE FAMILY MEMBERS LIVING IN 487 & 491 S. ARIZONA AVE. NO RENT BEING PAID. 491½ IS VACANT, HOWEVER IT MAY NOT BE PERMITTED. SOLD SUBJECT TO EXISTING OCCUPANCY.

ZONED:   LA R2           SUBJECT TO GENERAL PLAN CONFIRMATION

LOT SIZE:   6,328± SQ, FT,

TAXES:   PROPOSITION 13

MARTINEZ/LOPEZ TRUST/ESTATE

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 TRUST/ESTATE 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.