PROBATE SALE  –  MIRACLE MILE AREA

4 UNITS

SUNDAY, SEPTEMBER 27 @ 3:00 P.M.

SALE AT SITE

BROCHURE #639

NO COURT CONFIRMATION

LOCATION:   

DIRECTIONS:   NORTH OF BEVERLY BLVD. SOUTH OF MELROSE AVENUE.

DESCRIPTION:   RARE OPPORTUNITY TO PURCHASE A 4 UNIT APARTMENT BUILDING WITH 3 VACANT UNITS, CLOSE TO THE GROVE, ON THE WEST SIDE OF LOS ANGELES. (4) 3 BEDROOM, 1 BATH UNITS AND (2) 2 CAR DETACHED GARAGES. CLOSE TO SHOPPING AND ENTERTAINMENT. NO COURT CONFIRMATION.

INCOME:
436 N. GENESEE AVE  –  3 BEDROOM, 1 BATH UNIT  –  VACANT
438 N. GENESEE AVE  –  3 BEDROOM, 1 BATH UNIT  –  VACANT
440 N. GENESEE AVE  –  3 BEDROOM, 1 BATH UNIT  –  DELINQUENT/NO RENT BEING COLLECTED
440½ N. GENESEE AVE  –  3 BEDROOM, 1 BATH UNIT  –  VACANT

LOT SIZE:   6.150± SQ. FT.

ZONED:   LA RD 1.5       SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

ESTATE OF BLOOMSTEIN

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:   $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.

INSPECTIONS:   SUNDAY, SEPTEMBER 13 & 20 (11:00 A.M.-2:00 P.M.) AND HALF HOUR BEFORE AUCTION.

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.