TRUST SALE  –  FAIRCREST HEIGHTS  –  LOS ANGELES

2 BEDROOM, 1 BATH HOME ON A LARGE LOT

BROCHURE #318

NO COURT CONFIRMATION

LOCATION:   1641 S. POINT VIEW STREET, LOS ANGELES, CA 90035  APN 5068-014-024

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 633, A-5. WEST OF FAIRFAX AVENUE, SOUTH OF PICO BOULEVARD  SHOW ME A MAP

DESCRIPTION:   2 BEDROOM, 1 BATH SPANISH STYLE HOME IN THE VERY DESIRABLE FAIRCREST HEIGHTS AREA OF LOS ANGELES. THE HOUSE FEATURES A LIVING ROOM WITH FIREPLACE, DINING ROOM AND KITCHEN WITH BREAKFAST AREA. WASHER/DRYER HOOKUP. WOOD FLOORS. CENTRAL HEAT. UTILITY BASEMENT. 2 CAR DETACHED GARAGE. GRASS BACKYARD. LARGE LOT. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY OF LOS ANGELES FOR CURRENT BUILDING & ZONING REQUIREMENTS. FRONT CARPORT & BACKYARD COVERED DECK MAY NOT BE PERMITTED. BUYER TO VERIFY. BUYER TO PAY FOR ALL CITY & STATE REQUIRED RETROFIT USING COMPANY OF SELLER’S CHOICE, PRIOR TO CLOSE OF ESCROW. GREAT FIXER OPPORTUNITY. CLOSE TO SCHOOLS, SHOPPING & 10 FREEWAY. NO COURT CONFIRMATION.

LOT SIZE:   8,368± SQ. FT.

ZONED:   LA R1         SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

SHB 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 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.