PROBATE SALE – TUSTIN
COMMERCIAL CENTER
DO NOT DISTURB OCCUPANTS
BROCHURE #963
LOCATION: 1161 IRVINE BLVD, TUSTIN, CA 92780 APN 501-081-14
DIRECTIONS: THOMAS GUIDE (ORANGE COUNTY) P. 830, C-2. NORTH EAST CORNER OF IRVINE BLVD AND ELIZABETH WAY. SHOW ME A MAP
DESCRIPTION: FANTASTIC OPPORTUNITY TO BUY A CORNER COMMERCIAL BUILDING ON A HIGH VISIBILITY STREET IN TUSTIN. 7 STORE FRONTS WITH PARKING. ALL 7 STORES HAVE ½ BATHROOMS. 7 ELECTRIC METERS AND 6 GAS METERS.
INCOME:
1161 IRVINE BLVD. – $1,775 PER MONTH (SUTHA THAI KITCHEN)
1163 IRVINE BLVD. – $1,030 PER MONTH (ALTERATIONS)
1165 IRVINE BLVD. – $1,770 PER MONTH (QUEEN MARY SALON & SPA)
1167 IRVINE BLVD. – $ 950 PER MONTH (SHOE REPAIR)
1169 IRVINE BLVD. – VACANT
1171 IRVINE BLVD. – VACANT
1173 IRVINE BLVD. – VACANT
SOLD SUBJECT TO EXISTING OCCUPANCY.
LEASES, EXPENSES & PRELIM AVAILABLE UPON REQUEST.
LOT SIZE: 18,813± SQ. FT.
TAXES: PROPOSITION 13
ESTATE OF JAMES OSTEEN
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: $25,000 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.