TRUST SALE  –  HUNTINGTON PARK ADJACENT

BY ORDER OF SUPERIOR COURT

3 UNITS

BROCHURE #007

LOCATION:   2510 HOPE STREET, LOS ANGELES (UNINCORPORATED AREA OF LOS ANGELES COUNTY), CA 90255

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 704, J-1. SOUTH OF FLORENCE AVENUE. EAST OF SANTA FE AVENUE.  SHOW ME A MAP

DESCRIPTION:   GREAT OPPORTUNITY TO INVEST AND BUY 3 UNITS IN AN UNINCORPORATED AREA OF LOS ANGELES COUNTY, ADJACENT TO HUNTINGTON PARK, THE FRONT HOUSE (2512 HOPE STREET) FEATRUES 2 BEDROOMS & 1 BATH, LIVING ROOM WITH FIREPLACE, DINING AREA AND KITCHEN. LAUNDRY ROOM WITH SIDE BY SIDE WASHER/DRYER HOOKUP. MIDDLE UNIT IS ATTACHED TO 2512 HOPE STREET AND CONSISTS OF 1 BEDROOM, ¾ BATH AND KITCHEN WITH LAUNDRY HOOKUP. BACK DETACHED 1 BEDROOM, 1 BATH UNIT HAS A LIVING ROOM AND KITCHEN WITH SIDE BY SIDE WASHER/DRYER HOOKUP. 2 CAR DETACHED GARAGE. 2 GAS AND 2 ELECTRIC METERS. BUYER TO VERIFY ALL PERMITS.

INCOME:   2512 HOPE STREET  –  FRONT HOUSE  –  $1,200 PER MONTH. MONTH TO MONTH.
MIDDLE UNIT  –  $500 PER MONTH. MONTH TO MONTH.
2510 HOPE STREET  –  BACK UNIT (INCLUDES GARAGE) –  $1,150 PER MONTH. MONTH TO MONTH.

LOT SIZE:   6,140± SQ. FT.

ZONED:   LCR3YY     SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

VALENZUELA 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:   $10,000 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.