PROBATE SALE – LOS ANGELES

2 COMMERCIAL STORE FRONTS

BROCHURE #741, SALE #3

NO COURT CONFIRMATION

LOCATION:   6032 S. VERMONT AVENUE, LOS ANGELES, CA 90044 APN 6004-010-008

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 674, A-6. SOUTH OF SLAUSON AVENUE, WEST OF 110 FREEWAY. SHOW ME A MAP

DESCRIPTION:   2 COMMERCIAL STORE FRONTS LOCATED ON A CORNER LOT IN L.A. CITY. EACH STORE HAS A BATHROOM. DO NOT DISTURB TENANTS. PERSONAL PROPERTY NOT INCLUDED IN SALE. REAR PARKING OFF ALLEY. ROOF DAMAGE.

INCOME:   BEAUTY SHOP $700 PER MONTH
                       CARPET STORE $700 PER MONTH

LOT SIZE:   3,052± SQ. FT.

ZONED:   LA C2     SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

BURTON ESTATE

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.