PROBATE SALE  –  LOS ANGELES

BY ORDER OF SUPERIOR COURT

2 ON A LOT  –  25% UNDIVIDED INTEREST

BROCHURE #808

LOCATION:   1409 NADEAU STREET/1408 E. 78TH STREET, LOS ANGELES, CA 90001  APN 6021-008-025

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 704, P-1. WEST OF ALAMEDA STREET. SOUTH OF FLORENCE AVENUE. NORTH OF FIRESTONE BLVD.  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY AN UNDIVIDED 25% INTEREST IN A PROPERTY IN AN UNINCORPORATED AREA OF LOS ANGELES COUNTY. 1409 NADEAU STREET CONSISTS OF A 1 BEDROOM, 1 BATH HOME WITH LIVING ROOM, DINING AREA, KITCHEN, LAUNDRY ROOM AND BACKYARD. 1408 E. 78TH STREET CONSISTS OF A 4 BEDROOM, 2½ BATH HOME WITH LIVING ROOM, DINING AREA AND KITCHEN WITH BREAKFAST AREA. SOME BEDROOMS AND BATHS MAY NOT BE PERMITTED. BUYER TO VERIFY ALL PERMITS. PERSONAL PROPERTY NOT INCLUDED IN SALE.

INCOME:   1409 NADEAU STREET  $1,100 PER MONTH. MONTH TO MONTH.
1408 E. 78TH STREET  $750 PER MONTH. MONTH TO MONTH.

LOT SIZE:   6,918± SQ. FT.

ZONED:   LCR3YY     SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:    PROPOSITION 13

ESTATE OF CHRISTINE SIMS

TERMS:   CASH. BUYER TO OBTAIN OWN FINANCING. FINANCING IS NOT A CONTINGENCY TO  THESE SALES. PROPERTIES SOLD IN “AS IS” CONDITION WITH NO CONTINGENCIES WHATSOEVER. PROPERTIES 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 FOR EACH SALE. 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.