TRUST SALE  –  CLOSE TO USC

8 HOMES ON 1 LOT

THURSDAY, OCTOBER 1 @ 10:00 A.M.

SALE AT SITE

BROCHURE #647

MAY BE SUBJECT TO COURT CONFIRMATION

LOCATION:   1094 W. 39TH STREET, LOS ANGELES, CA 90037  APN 5037-020-014  

DIRECTIONS:   WEST OF S. VERMONT AVE. SOUTH OF EXPOSITION BLVD. SHOW ME A MAP

DESCRIPTION:   RARE OPPORTUNITY TO PURCHASE (8) 1 BEDROOM, 1 BATHROOM HOMES ON 1 LOT. CLOSE TO THE COLOSSEUM AND UNIVERSITY OF SOUTHERN CALIFORNIA. 7 UNITS ARE VACANT. 1 UNIT OCCUPIED. PROPERTY CURRENTLY IN REAP WITH RECORDED SUBSTANDARDS. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY FOR CURRENT BUILDING RESTRICTIONS AND REQUIREMENTS. MAY BE SUBJECT TO COURT CONFIRMATION.

LOT SIZE:   11,880± SQ. FT.

ZONED:   LARD 1.5     SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

CAROL BOUCHER 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 MAY BE SUBJECT TO COURT CONFIRMATION.

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.

INSPECTIONS:   THURSDAY, SEPTEMBER 17 & 24 (10:00 A.M.– 12:00 P.M.) & HALF HOUR BEFORE AUCTION.

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.