PROBATE SALE
BY ORDER OF SUPERIOR COURT
SYLMAR
1/3 INTEREST IN COMMERCIAL PROPERTY
BROCHURE #931
LOCATION: 13864 FOOTHILL BLVD, SYLMAR, CA 91342 APN 2509-003-010
DIRECTIONS: THOMAS GUIDE (L.A. COUNTY) P. 482, B-3. WEST OF 210 FREEWAY, SOUTH OF POLK STREET. SHOW ME A MAP
DESCRIPTION: GREAT OPPORTUNITY TO BUY A 1/3 INTEREST IN A COMMERCIAL PROPERTY LOCATED IN SYLMAR, CALIFORNIA. LOCATED ON FOOTHILL BLVD, A HIGH TRAFFIC/VISIBILITY STREET. THE GATED PROPERTY INCLUDES 2 BUILDINGS, REAR STORAGE YARD AND PARKING. TENANT PAYS $8,800 PER MONTH (LEASE AVAILABLE UPON REQUEST) TENANT HAS FIRST RIGHT OF REFUSAL TO PURCHASE PROPERTY. PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB TENANT.
INCOME: $8,800. PER MONTH. LEASED THROUGH 12/1/2020 WITH (1) 5 YEAR OPTION.
LOT SIZE: 40,863± SQ. FT.
ZONED: LA C2 SUBJECT TO GENERAL PLAN CONFIRMATION
TAXES: PROPOSITION 13
ESTATE OF DONNA J, BRAY 1/3 INTEREST
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.