PROBATE SALE  –  LOS ANGELES

BY ORDER OF SUPERIOR COURT

5 UNITS + VACANT LAND

BROCHURE #823

LOCATION:   210 W. 57TH STREET, LOS ANGELES, CA 90037  APN 5101-025-008

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 674, C-5. EAST OF 110 FREEWAY. WEST OF S. MAIN STREET.  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY 5 UNITS IN LOS ANGELES. (4)1 BEDROOM, 1 BATHROOM UNITS CONSISTING OF A LIVING ROOM, DINING AREA AND KITCHEN. REAR 2 BEDROOM, 1 BATHROOM UNIT WITH LIVING ROOM ABOVE 3 CAR GARAGE (FIRE DAMAGE). PROPERTY CURRENTLY IN REAP. PAYMENT COUPONS AVAILABLE UPON REQUEST. IT WILL BE THE BUYER’S RESPONSIBILITY, AT BUYER’S EXPENSE, TO MAKE ALL REAP AND CITY CORRECTIONS AFTER THE CLOSE OF ESCROW. SEPARATE GAS & ELECTRIC METERS. VACANT LAND PARCEL IN KERN COUNTY (APN 099-220-30) AND LAKE COUNTY (APN 035-161-19) INCLUDED IN SALE. PERSONAL PROPERTY NOT INCLUDED IN SALE. VACANT LOTS WILL BE SOLD ALONG WITH 210 W. 57TH STREET, LOS ANGELES AS ONE SALE. CITY REQUIRED CORRECTIONS AVAILABLE UPON REQUEST. PLEASE CONTACT LISTING OFFICE FOR PLAT MAPS. (818) 501-4888. PERSONAL PROPERTY NOT INCLUDED IN SALE.

BUYER WILL BE RESPONSIBLE FOR BRINGING PROPERTY INTO COMPLIANCE AT BUYER’S EXPENSE, AFTER CLOSE OF ESCROW.

RENT ROLL:
210 W. 57TH STREET  –  $200 PER MONTH PAID TO REAP (PER TENANT. NOT VERIFIED.)
210½ W. 57TH STREET  –  VACANT
212 W. 57TH STREET  –  $200 PER MONTH PAID TO REAP (PER TENANT. NOT VERIFIED.)
212½ W. 57TH STREET  –  $350 PER MONTH PAID TO REAP (PER TENANT. NOT VERIFIED.)
BACK UNIT ABOVE GARAGE (ADDRESS NOT VERIFIED)  –  VACANT.

LOT SIZE:
210 W. 57TH STREET  –  5,643± SQ. FT.
VACANT LOT APN 099-220-30 (KERN COUNTY) 1.22± ACRES
VACANT LOT APN 035-161-19 (LAKE COUNTY)

ZONED:
210 W. 57TH STREET  –  LA R2
KERN COUNTY VACANT LOT  –  APN 099-220-30 CHECK WITH CITY /COUNTY FOR ZONING
LAKE COUNTY VACANT LOT  –  APN 035-161-19 CHECK WITH CITY/COUNTY FOR ZONING
SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

ESTATE OF REYNOLDS

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.