⅓ PARTIAL INTEREST SALE  –  SANTA MONICA

1 BEDROOM, 1 BATHROOM HOME

THURSDAY, DECEMBER 12 @ 11:00 A.M.

BROCHURE #454

NO COURT CONFIRMATION

SALE TO BE CONDUCTED AT THE OFFICES OF FLANS & WEINER, INC.
16200 VENTURA BLVD, SUITE 417, ENCINO, CA 91436

LOCATION:   314 BICKNELL AVENUE, SANTA MONICA, CA 90405   APN 4289-013-016

DIRECTIONS:   WEST OF 4TH STREET. SOUTH OF PICO BLVD.  SHOW ME A MAP

DESCRIPTION:   RARE OPPORTUNITY TO BUY A ⅓ INTEREST IN A PROPERTY LOCATED A FEW BLOCKS FROM THE BEACH IN SANTA MONICA, ONE OF THE MOST SOUGHT AFTER BEACH CITIES IN LOS ANGELES. PER PUBLIC RECORDS, THIS 1 BEDROOM, 1 BATH FIXER HOME SITS ON A 5,227± SQ. FT. LOT. ZONED SMOP2 (SUBJECT TO GENERAL PLAN). POSSIBLE DEVELOPMENT SITE. BUYER TO CHECK WITH THE CITY FOR CURRENT BUILDING REQUIREMENTS AND RESTRICTIONS. NO ACCESS TO PROPERTY. OTHER ⅔ OWNER LIVING IN HOME. SOLD SUBJECT TO EXISTING OCCUPANCY. NO COURT CONFIRMATION.

LOT SIZE:   5,227± SQ. FT.

ZONED:   SMOP2

TAXES:   PROPOSITION 13

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 SELLERS.

ESCROW PERIOD:   45 DAYS OR SOONER

DEPOSIT:   $25,000 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.

INSPECTIONS:   DRIVE BY ONLY.

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.