TRUST SALE – LOS ANGELES
2 HOMES + VACANT LOT
BROCHURE #102 – SALE #1
LOCATION: 1410 & 1414 E. 107TH STREET + VACANT LOT, LOS ANGELES, CA 90002 APN 6065-013-004, 005, 006
DIRECTIONS: THOMAS GUIDE (L.A. COUNTY) P. 704, F-5. NORTH OF 105 FREEWAY. EAST OF S. CENTRAL AVENUE. SHOW ME A MAP
DESCRIPTION: GREAT OPPORTUNITY TO BUY 2 HOUSES PLUS ONE VACANT LOT (3 CONTIGUOUS PARCELS) AS ONE SALE IN LOS ANGELES. 1410 E. 107TH STREET IS A 2 BEDROOM, 1 BATHROOM HOME WITH A LIVING ROOM, DINING AREA, KITCHEN AND LAUNDRY ROOM WITH SIDE BY SIDE WASHER/DRYER HOOKUP. BACKYARD. MONTH TO MONTH TENANT PAYING $850 PER MONTH. 1414 E. 107TH STREET (VACANT) IS A 3 BEDROOM, 1 BATHROOM HOME CONSISTING OF A LIVING ROOM, KITCHEN, LAUNDRY ROOM AND BACKYARD. BUYER TO VERIFY ALL PERMITS. SEPARATE PARCEL APN 6065-013-005 (3,845± SQ. FT.) SITS IN BETWEEN BOTH HOMES. 3 SEPARATE PARCELS SOLD TOGETHER AS ONE SALE. PERSONAL PROPERTY NOT INCLUDED IN SALE. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY/COUNTY FOR CURRENT BUILDING REQUIREMENTS AND RESTRICTIONS. ALL AUCTION ATTENDEES MUST WEAR MASKS AND SIGN A COVID ADVISORY.
INCOME: 1410 E. 107TH STREET – $850 PER MONTH. MONTH TO MONTH. NO LEASE.
LOT SIZE: 1410 E. 107TH STREET – 3,845± SQ. FT.
1414 E. 107TH STREET – 3,845± SQ. FT.
VACANT LOT – APN 6065-013-005 – 3,845± SQ. FT.
ZONED: LAR1 (ALL 3 PARCELS) SUBJECT TO GENERAL PLAN CONFIRMATION
TAXES: PROPOSITION 13
JIMMIE V. SMITH 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: $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.