PROBATE SALE

LOS ANGELES

3 BEDROOM, 1 BATH HOME  –  LAR2 LOT

BROCHURE #124

NO COURT CONFIRMATION

LOCATION:   940 W. 56TH STREET, LOS ANGELES, CA 90037  APN 5001-012-016

DIRECTIONS:   THOMAS GUIDE (LOS ANGELES COUNTY) P. 674, A-5. WEST OF 110 FREEWAY. EAST OF S. BUDLONG AVENUE.  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO BUY A 3 BEDROOM, 1 BATH FIXER HOME IN LOS ANGELES. THE HOME FEATURES A LIVING ROOM, DINING AREA, KITCHEN AND LAUNDRY ROOM. BACKYARD AND 2 CAR DETACHED GARAGE. BACK ALLEY. BUYER TO VERIFY ALL PERMITS. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CONDUCT THEIR OWN DUE DILIGENCE FOR CURRENT BUILDING REQUIREMENTS & RESTRICTIONS. ALL AUCTION ATTENDEES MUST WEAR MASKS AND SIGN A COVID ADVISORY.  NO COURT CONFIRMATION.

LOT SIZE:   5,118± SQ. FT.

ZONED:   LAR2       SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

ESTATE OF RAMIRO CARREON

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.