TRUST SALE  –  MID CITY/JEFFERSON PARK

4 VACANT UNITS

THURSDAY, OCTOBER 8 @ 10:00 A.M.

SALE AT SITE

BROCHURE #648

MAY BE SUBJECT TO COURT CONFIRMATION

LOCATION:   4200 W. 28TH STREET, LOS ANGELES, CA 90018  APN 5051-010-018

DIRECTIONS:   SOUTH OF W. ADAMS BLVD.. WEST OF EDGEHILL DRIVE.  SHOW ME A MAP

DESCRIPTION:   RARE OPPORTUNITY TO BUY 4 VACANT 2 BEDROOM, 2 BATHROOM 2 STORY UNITS IN THE HIGHLY SOUGHT AFTER MID CITY/JEFFERSON PARK AREA OF LOS ANGELES. ALL UNITS ENCOMPASS A LIVING ROOM, DINING AREA AND KITCHEN AREA DOWNSTAIRS. 2 BEDROOMS, 1 BATHROOM UPSTAIRS. EACH UNIT HAS BEEN STRIPPED DOWN TO THE STUDS. EACH UNIT WILL NEED A COMPLETE RENOVATION TO BRING BACK TO STANDARD LIVING CONDITIONS. DETACHED GARAGE. PROPERTY HAS BEEN NOTICED AS SUBSTANDARD WITH CODE VIOLATIONS AND NOTICED AS TEMPORARY VACANT. NOTICES AVAILABLE UPON REQUEST.

LOT SIZE:   7,138± SQ. FT.

ZONED:   LAR3     SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

CAROL BOUCHER 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 AND MAY BE SUBJECT TO COURT CONFIRMATION.

ESCROW PERIOD:   30 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:   THURSDAY, OCTOBER 1 (10:00 A.M.– 12:00 P.M.) & 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.