PROBATE SALE – LOS ANGELES

DUPLEX

BROCHURE #708

NO COURT CONFIRMATION

LOCATION:   4508-4510 10TH AVENUE, LOS ANGELES, CA 90043 APN 5014-004-023

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 673, F-4. SOUTH OF W. VERNON AVENUE. EAST OF CRENSHAW BLVD..  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY A DUPLEX (2) 1 BEDROOM, 1 BATH UNITS IN LOS ANGELES. BOTH UNITS FEATURE A LIVING ROOM WITH DINING AREA, KITCHEN AND SERVICE PORCH. 2 CAR DETACHED GARAGE . SEPARATE GAS & ELECTRIC METERS. GREAT CENTRAL LOCATION. PERSONAL PROPERTY NOT INCLUDED IN THE SALE. NO COURT CONFIRMATION. OWNER PASSED AWAY IN 4510 10TH AVENUE.

INCOME:
4508 10TH AVENUE – $825 PER MONTH. MONTH TO MONTH. NO LEASE.
4510 10TH AVENUE – VACANT

LOT SIZE:   7,290± SQ, FT,

ZONED:   LA R2     SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

ESTATE OF PICARD

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:   $10,000 CASH OR 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.