About Flans & Weiner Inc.

At Flans & Weiner, Inc., we specialize in real estate auctions. Since our inception in 1974, we have become one of the largest diversified auction marketing companies in the United States. We sell everything from residential property, commercial property, industrial property and land. If you would like our firm to sell your property, please request a complete auction package.
2015-05-04 12:00:00 2015-05-04 18:00:00 Europe/London Star Wars Day Party May the force be with you Tatooine Luke Skywalker luke@starwars.com

TRUST SALE – MID WILSHIRE

elden5

TRUST SALE – MID WILSHIRE

4 UNITS

BROCHURE #623

NO COURT CONFIRMATION

LOCATION:   1116-1118 ELDEN AVENUE, LOS ANGELES, CA 90006 APN 5076-012-003

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 634, B-4. NORTH OF PICO BLVD.. WEST OF HOOVER STREET.  SHOW ME A MAP

DESCRIPTION:   UNBELIEVABLE OPPORTUNITY TO BUY 4 VACANT UNITS WITH PARKING IN THE HIGHLY DESIRABLE AREA OF MID WILSHIRE, NEXT TO KOREATOWN. DOWNSTAIRS ARE (2) 1 BEDROOM, 1 BATH UNITS CONSISTING OF A LIVING ROOM, DINING AREA, KITCHEN AND SERVICE PORCH. UNIT 1118½ DOWNSTAIRS HAS ADDITIONAL FAMILY ROOM ATTACHED WITH FIREPLACE, ¾ BATH AND KITCHEN (¾ BATH & KITCHEN MAY NOT BE PERMITTED). UPSTAIRS (2) 1 BEDROOM, 1 BATH SPACIOUS UNITS CONSISTING OF A LIVING ROOM WITH DINING AREA, KITCHEN, FRONT PORCH AND SERVICE PORCH. BACKYARD. BACK ALLEY ACCESS WITH FOUR COVERED PARKING SPACES THAT HAVE GARAGE DOORS. SEPARATE GAS & ELECTRIC METERS FOR EACH UNIT. WHOLE BUILDING VACANT. BUYERS TO VERIFY ALL PERMITS. CLOSE TO KOREATOWN AND DOWNTOWN LOS ANGELES. GREAT CENTRAL LOCATION. NO COURT CONFIRMATION.

LOT SIZE:   8,401± SQ. FT.

ZONED:   LAR4   SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

FELDMANIS 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 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.