TRUST SALE  –  LONG BEACH

2 BEDROOM, 1 BATH HOME WITH GUEST UNIT

BROCHURE #425

NO COURT CONFIRMATION

LOCATION:   2051 OLIVE AVENUE. LONG BEACH, CA 90806  APN 7210-007-014

DIRECTIONS:   EAST OF LONG BEACH BLVD. SOUTH OF E. WILLOW STREET.  SHOW ME A MAP

DESCRIPTION:   RARE OPPORTUNITY TO BUY A 2 BEDROOM, 1 BATH FIXER HOME ON A GENEROUSLY SIZED LOT, WITH A DETACHED GUEST UNIT IN LONG BEACH. THE FRONT HOME FEATURES A LIVING ROOM, DINING AREA AND KITCHEN. EXTERIOR WASHER HOOKUP. DETACHED 1 CAR GARAGE AND BONUS UNIT. BUYER TO VERIFY ALL PERMITS. CITY OF LONG BEACH GARAGE RESALE INSPECTION AND NOTICE OF INSPECTION AVAILABLE UPON REQUEST. BUYER TO COMPLY WITH NOTICE OF INSPECTION AT BUYER’S EXPENSE AFTER CLOSE OF ESCROW. GREAT LOCATION. CLOSE TO SCHOOLS AND SHOPPING. DO NOT DISTURB OCCUPANTS. NO COURT CONFIRMATION.

INCOME:   $1,320. PER MONTH. MONTH TO MONTH. NOTICE OF RENT INCREASE AND MONTH TO MONTH RENTAL AGREEMENT AVAILABLE UPON REQUEST. SOLD SUBJECT TO EXISTING OCCUPANCY.

LOT SIZE:   6,506± SQ. FT.

ZONED:   LB R1N          SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

DAVE FAMILY 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.