BANK  –  R.E.O.  –  MONTROSE

2 STORY OFFICE BUILDING

BROCHURE #437

LOCATION:   2445 HONOLULU AVENUE, MONTROSE (CITY OF GLENDALE), CA 91020  APN 5807-023-018

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) PAGE 534, G-3.  SHOW ME A MAP

DESCRIPTION:   2 STORY (APPROXIMATELY 1,835± SQ. FT.) OFFICE BUILDING IN THE VERY DESIRABLE MONTROSE AREA OF GLENDALE, CALIFORNIA. ADJACENT TO THE MONTROSE SHOPPING DISTRICT. THE BUILDING FEATURES OFFICE/CONFERENCE SPACE & (2) ½ BATHROOMS. KITCHEN AREA. HEATING AND AIR CONDITIONING (BUYER TO VERIFY). OUTDOOR BALCONY OFF OF THE SECOND FLOOR. GATED PARKING & OUTDOOR COVERED STORAGE AREA AT REAR OF THE BUILDING. BUYER TO PAY ANY REQUIRED RETROFITTING (SMOKE DETECTORS, CARBON MONOXIDE DETECTORS, ETC.) USING COMPANY OF SELLER’S CHOICE PRIOR TO CLOSE OF ESCROW. GREAT OPPORTUNITY TO OWN YOUR OWN OFFICE BUILDING OR RENTAL PROPERTY. CLOSE TO SHOPPING & 210 FREEWAY.

LOT SIZE:   3,228± SQ. FT.

ZONED:   GLC3*              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% DEPOSIT TO BE WIRED TO FLANS & WEINER INC WITHIN 24 HOURS OF ACCEPTANCE OF OFFER.

TITLE:   SELLER TO PROVIDE STANDARD TITLE POLICY.

PLEASE CALL FLANS & WEINER, INC. IF YOU HAVE
ANY QUESTIONS REGARDING THIS PROPERTY (818) 501-4888.