About Flans & Weiner Inc.

At Flans & Weiner, Inc., we specialize in real estate auctions. Since our inception in 1974, we have become one of the largest diversified auction marketing companies in the United States. We sell everything from residential property, commercial property, industrial property and land. If you would like our firm to sell your property, please request a complete auction package.
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TRUST SALE – ATWATER VILLAGE

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TRUST SALE

ATWATER VILLAGE

6 UNIT APARTMENT BUILDING

BROCHURE #634

NO COURT CONFIRMATION

LOCATION:   3348 ATWATER AVENUE, LOS ANGELES, CA 90039 APN 5436-022-005

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 594, E-2. EAST OF 5 FREEWAY BETWEEN LOS FELIZ BLVD & GLENDALE BLVD.  SHOW ME A MAP

DESCRIPTION:   GATED, 2 STORY, 6 UNIT APARTMENT BUILDING IN THE VERY DESIRABLE COMMUNITY OF ATWATER VILLAGE. THE BUILDING HAS (1) 3 BEDROOM, 2 BATH UNIT, (3) 2 BEDROOM, 1 BATH UNITS & (2) 1 BEDROOM, 1 BATH UNITS. 3 BEDROOM UNIT HAS BEEN UPDATED AND INCLUDES A KITCHEN WITH DISHWASHER & GRANITE COUNTERTOPS. SECURITY CAMERAS. SEPARATE GAS & ELECTRIC METERS FOR EACH UNIT. MASTER WATER HEATER (OWNER PAYS FOR HOT & COLD WATER). STORAGE AREA UNDER BUILDING. 6 PARKING SPACES. LAUNDRY ROOM WITH COIN WASHER & DRYER (WASHER & DRYER INCLUDED IN SALE). PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB OCCUPANTS. GREAT CENTRAL LOCATION. COPIES OF LEASES/RENTAL AGREEMENTS, RENT ROLL, INCOME & EXPENSE STATEMENTS, MANAGEMENT COMPANY AGREEMENT, ETC. AVAILABLE UPON REQUEST. CLOSE TO SHOPPING, 5 FREEWAY & SCHOOLS. NO COURT CONFIRMATION.

MONTHLY INCOME:
UNIT #1 – VACANT (3 BEDROOM, 2 BATH)
UNIT #2 – 1,295.00 (2 BEDROOM, 1 BATH)
UNIT #3 –     579.63 (2 BEDROOM, 1 BATH)
UNIT #4 –     579.63 (1 BEDROOM, 1 BATH)
UNIT #5 –     695.55 (2 BEDROOM, 1 BATH)
UNIT #6 – 1,007.32 (1 BEDROOM, 1 BATH)

UNITS RENTED MONTH TO MONTH.

APPROXIMATE MONTHLY EXPENSES:
ELECTRIC – $70.00
WATER – $250.00
SEWER – $160.00
GAS – $90.00
LAUNDRY – $60.00

LOT SIZE:   6,752± SQ, FT,

ZONED:   LAR1     SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

STARLING TRUST

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 TRUSTEE.

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.