SAN PEDRO

(6) 1 BEDROOM, 1 BATH UNITS

BROCHURE #538

LOCATION:   242 W. 12TH STREET, SAN PEDRO, CA 90731 APN 7456-005-017

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 824, C-6. NEAR PACIFIC AVENUE. BELOW 9TH STREET.  SHOW ME A MAP

DESCRIPTION:   (6) 1 BEDROOM, 1 BATH UNITS IN THE VERY DESIRABLE COMMUNITY OF SAN PEDRO, CALIFORNIA. EACH UNIT HAS A LIVING ROOM & KITCHEN. SEPARATE GAS & ELECTRIC METERS FOR EACH UNIT. REAR ALLEY. CENTRAL WATER HEATER (OWNER PAYS FOR WATER HEATER GAS). LAUNDRY ROOM WITH 2 WASHERS & DRYER INCLUDED IN SALE. TENANTS PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB OCCUPANTS. LEASES/RENTAL AGREEMENTS AVAILABLE UPON REQUEST. CLOSE TO SCHOOLS & SHOPPING. GREAT INCOME INVESTMENT OPPORTUNITY.

MONTHLY INCOME:
242 W. 12TH STREET – $765. PER MONTH. MONTH TO MONTH.
244 W. 12TH STREET – $800. PER MONTH. MONTH TO MONTH.
246 W. 12TH STREET – $650. PER MONTH. MONTH TO MONTH.
248 W. 12TH STREET – VACANT
250-A W. 12TH STREET – $750 PER MONTH. MONTH TO MONTH.
250-B W. 12TH STREET – $800 PER MONTH. MONTH TO MONTH.
LAUNDRY $200. (APPROXIMATE)

MONTHLY EXPENSES:   APPROXIMATE
WATER $200.
GAS $30.

LOT SIZE:   4,802± SQ. FT.

ZONED:   LA R2     SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

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 SELLER.

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.