PROBATE SALE

LOS ANGELES

4 UNITS

BROCHURE #139

NO COURT CONFIRMATION

LOCATION:   1460-1462½ W. 22ND STREET, LOS ANGELES, CA 90007  APN 5055-001-016

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 634, A-6. SOUTH OF 10 FREEWAY BETWEEN VERMONT AVENUE & HOOVER STREET. SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY (4) 1 BEDROOM, 1 BATHROOM UNITS, CLOSE TO USC. SEPARATE GAS & ELECTRIC METERS. 5 SINGLE GARAGES. BUYER TO VERIFY ALL PERMITS. PERSONAL PROPERTY NOT INCLUDED IN SALE. OLD LEASES AVAILABLE UPON REQUEST. DO NOT DISTURB OCCUPANTS. NO COURT CONFIRMATION.

INCOME:
1460 W. 22ND STREET  –  VACANT
1460½ W. 22ND STREET  –  $700 PER MONTH. MONTH TO MONTH. (FAMILY MEMBER)
1462 W. 22ND STREET  –  $700 PER MONTH. MONTH TO MONTH. (FAMILY MEMBER)
1462½ W. 22ND STREET  –  $1,000 PER MONTH. MONTH TO MONTH.

LOT SIZE:   5,896± SQ. FT.

ZONED:   LARD2 (HPOZ-CPIO PER ZIMAS) BUYER TO VERIFY.
SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

ESTATE OF FERNANDO ELIAS

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.