PROBATE SALE  –  FIXER

BY ORDER OF SUPERIOR COURT

BOYLE HEIGHTS AREA OF LOS ANGELES

3 UNITS

BROCHURE #015

LOCATION:   2707 FAIRMOUNT STREET, LOS ANGELES, CA 90033  APN 5177-013-002

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 635, C-4. SOUTH OF 10 FREEWAY. EAST OF SOTO STREET.  SHOW ME A MAP

DESCRIPTION:   3 UNITS IN THE BOYLE HEIGHTS AREA OF LOS ANGELES. BUYER TO VERIFY.
FRONT UNIT  –  1 BEDROOM, 1 BATHROOM, LIVING ROOM. KITCHEN (NOT VERIFIED). NO RENT BEING PAID. DO NOT DISTURB OCCUPANTS. PERSONAL PROPERTY NOT INCLUDED IN SALE. NO KNOWN LEASE.
MIDDLE UNIT  –  1 BEDROOM, 1 BATHROOM, LIVING ROOM. KITCHEN. VACANT.
REAR UNIT  –  2 BEDROOM, 1 BATHROOM. VACANT. NO WATER HEATER.
2 ELECTRIC, 2 GAS METERS SERVING FRONT & MIDDLE UNITS. BUYER TO VERIFY GAS & ELECTRIC METERS HOOKUPS FOR REAR UNIT. 2 GARAGES. GREAT FIXER OPPORTUNITY. CLOSE TO 10 FREEWAY. SCHOOLS & SHOPPING.

LOT SIZE:   5,851± SQ. FT.

ZONED:   LARD 1.5     SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

ESTATE OF DAVALOS

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 AND SUBJECT TO COURT CONFIRMATION.

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.