PROBATE SALE – LOS ANGELES

GATED COMMERCIAL LOT WITH BILLBOARD

BROCHURE #741, SALE #5

NO COURT CONFIRMATION

LOCATION:   VACANT LOT – 9015 (NOT VERIFIED) S. VERMONT AVE, LOS ANGELES, CA 90044 APN 6047-015-023

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 704, A-3. SOUTH OF MANCHESTER AVE, WEST OF 110 FREEWAY.  SHOW ME A MAP

DESCRIPTION:   GATED LOT ON S. VERMONT AVENUE BETWEEN W. 90TH STREET & W. 91ST STREET. BILLBORAD ON SITE. UNINCORPORATED AREA OF L.A. COUNTY.

INCOME:
TENANT – $300. PER MONTH. MONTH TO MONTH TENANCY.
BILLBOARD – $1,000. PER YEAR (LEASE AVAILABLE UPON REQUEST)

LOT SIZE:   5,138± SQ. FT.

ZONED:   LCC 3YY      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.