TRUST SALE  –  FIXER  –  PANORAMA CITY

2 BEDROOM, 1 BATH HOME WITH POOL

BROCHURE #349

NO COURT CONFIRMATION

LOCATION:   8359 RANCHITO AVENUE, PANORAMA CITY, CA 91402  APN 2638-036-004

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 532, B-1. NORTH OF ROSCOE BLVD. EAST OF VAN NUYS BLVD.  SHOW ME A MAP

DESCRIPTION:   TRADITIONAL 2 BEDROOM, 1 BATH HOME IN THE CENTRALLY LOCATED PANORAMA CITY AREA OF LOS ANGELES. THE HOUSE FEATURES A LIVING ROOM AND KITCHEN WITH DISHWASHER, COOKTOP & OVEN. BONUS ROOM WITH ¾ BATH & WALL HEATER (NOT PERMITTED). PANTRY ADJACENT TO KITCHEN. (NOT PERMITTED). PARTIAL CENTRAL HEAT/AIR CONDITIONING (NOT PERMITTED). SOME HARDWOOD FLOORS. ATTACHED 2 CAR GARAGE WITH ELECTRIC ROLLUP DOOR (ELECTRIC OPENER NOT WORKING). WASHER/DRYER HOOKUP. POOL & SPA. RECENTLY INSTALLED NEW ELECTRIC PANEL. GREAT FIXER OPPORTUNITY. CLOSE TO SCHOOLS & SHOPPING. NO COURT CONFIRMATION.

LOT SIZE:   5,953± SQ. FT.

ZONED:   LA R1          SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

WILLIAMS 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.