PROBATE SALE – FIXER
EL SERENO AREA OF LOS ANGELES
4 UNITS
BROCHURE #143
NO COURT CONFIRMATION
LOCATION: 2914 N. EASTERN AVENUE, LOS ANGELES, CA 90032 APN 5218-012-039
DIRECTIONS: THOMAS GUIDE (LOS ANGELES COUNTY) P. 595, E-7. SOUTH OF HUNTINGTON DRIVE. SHOW ME A MAP
DESCRIPTION: 4 UNIT APARTMENT BUILDING IN THE EL SERENO AREA OF LOS ANGELES. THE PROPERTY HAS (2) 2 BEDROOM, 1 BATH UNITS & (2) 1 BEDROOM, 1 BATH UNITS. EACH UNIT HAS A LIVING ROOM & KITCHEN. WALL HEATING. 4 DETACHED STORAGE AREAS. SEPARATE GAS & ELECTRIC METERS. POSSIBLE FOUNDATION DAMAGE. AVAILABLE LEASES AND UTILITY BILLS UPON REQUEST. PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB OCCUPANTS. GREAT INVESTMENT/FIXER OPPORTUNITY. CLOSE TO SCHOOLS & SHOPPING. OWNER PASSED AWAY IN 2916½ N. EASTERN AVENUE. NO COURT CONFIRMATION.
MONTHLY INCOME:
2916 N. EASTERN AVE – 2 BED, 1 BATH – $1,291 MONTH TO MONTH
2916½ N. EASTERN AVE – 2 BED, 1 BATH – VACANT
2914 N. EASTERN AVE – 1 BED, 1 BATH – $877.56
2914½ N. EASTERN AVE – 1 BED, 1 BATH – $872.60
APPROXIMATE MONTHLY EXPENSES:
WATER – $385.±
SEWER/SANITATION – $135.±
LOT SIZE: 6,999± SQ. FT.
ZONED: LAC4 SUBJECT TO GENERAL PLAN CONFIRMATION
TAXES: PROPOSITION 13
ESTATE OF OROZCO
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.