TRUST SALE – EL SERENO
BY ORDER OF SUPERIOR COURT
4 UNITS ON 28,574± SQ. FT. OF LAND (2 DUPLEXES)
BROCHURE #655
ASKING $849,000.
LOCATION:
DIRECTIONS: NORTH OF HUNTINGTON DRIVE S. WEST OF EASTERN AVENUE.
DESCRIPTION: RARE OPPORTUNITY TO PURCHASE (2) DUPLEXES SPANNING OVER 28,574± SQ. FT. OF LAND IN THE HIGHLY SOUGHT AFTER EL SERENO AREA OF LOS ANGELES. BOTH DUPLEXES (PER ASSESSOR, BUYER TO VERIFY) FEATURES AN UPPER AND LOWER UNIT, EACH WITH SEPARATE ELECTRIC METERS. 4790 ACADEMY STREET TO BE DELIVERED VACANT. 4791 HUNTINGTON DRIVE N. CURRENTLY HOUSES FAMILY MEMBERS NOT PAYING RENT AND NO LEASE. IT HAS BEEN EXPRESSED SAID FAMILY MEMBERS ARE TO VACATE WITHING 90 DAYS AFTER CLOSE OF ESCROW. SHOULD FAMILY MEMBERS NOT VACATE PROPERTY WITHIN 90 DAYS AFTER CLOSE OF ESCROW, IT WILL BE BUYER’S RESPONSIBILITY AT BUYER’S EXPENSE TO EVICT, RELOCATE, ETC. THE OCCUPANTS/FAMILY MEMBERS.
LOT SIZE:
4790 ACADEMY STREET – 5,000± SQ. FT.
4791 HUNTINGTON DRIVE N. – 4,507± SQ. FT.
VACANT LOT – APN 5213-003-009 – 5,262 ± SQ. FT.
VACANT LOT – APN 5213-003-008 – 4,309± SQ. FT.
VACANT LOT – APN 5213-003-017 – 1,250± SQ. FT.
VACANT LOT – APN 5213-003-018 – 1,237± SQ. FT.
2 ADDITIONAL LOTS IN L.A. COUNTY, NOT INCLUDED IN DESCRIPTION.
SOLD TOGETHER AS ONE SALE WITH 2 DUPLEXES.
VACANT LOT – APN 3326-010-040 – 111,034± SQ. FT. / 2.55 ACRES
VACANT LOT – APN 2401-027-010 – 2,002± SQ. FT.
TAXES: PROPOSITION 13
COBIAN 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 AND SUBJECT TO COURT CONFIRMATION.
ESCROW PERIOD: 45 DAYS OR SOONER
DEPOSIT: 10% DEPOSIT TO BE WIRED TO FLANS & WEINER, INC WITHIN 48 HOURS OF ACCEPTANCE OF OFFER.
INSPECTIONS: SATURDAY, DECEMBER 5 (11:00 A.M.-2:00 P.M.).
TITLE: SELLER TO PROVIDE STANDARD TITLE POLICY.
PLEASE CALL FLANS & WEINER, INC. IF YOU HAVE ANY QUESTIONS
REGARDING THIS PROPERTY (818) 501-4888.