TRUST SALE – LOS ANGELES
6 UNIT APARTMENT BUILDING
SATURDAY, DECEMBER 6 @ 10:00 A.M.
SALE AT SITE
BROCHURE #539
DO NOT DISTURB TENANTS
NO COURT CONFIRMATION
LOCATION: 143 N. COMMONWEALTH AVENUE, CA 90004 APN 5501-006-015
DIRECTIONS: CLOSE TO BEVERLY BLVD AND HOOVER STREET. SHOW ME A MAP
DESCRIPTION: 6 UNIT APARTMENT BUILDING ((2) 2 BEDROOM, 1 BATH UNITS. (4) 1 BEDROOM, 1 BATH UNITS). EACH UNIT HAS WALL HEATING. UNITS 3 AND 6 INCLUDE WALL AIR CONDITIONER AND DISHWASHER. SEPARATE GAS & ELECTRIC METERS. COMMON LAUNDRY WITH WASHER AND DRYER. 4 COVERED PARKING SPACES & ADDITIONAL PARKING. FOR RENT ROLL, INCOME/EXPENSE INFORMATION AND ORIGINAL LEASES, CONTACT FLANS & WEINER, INC.. TENANTS PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB TENANTS. GREAT CONVENIENT LOCATION, CLOSE TO DOWNTOWN LOS ANGELES AND 101 FREEWAY. NO COURT CONFIRMATION.
INCOME:
UNIT 1 – 1 BEDROOM, 1 BATHROOM $1,281.26 PER MONTH
UNIT 2 – 1 BEDROOM, 1 BATHROOM $1,703.52 PER MONTH
UNIT 3 – 2 BEDROOM, 1 BATHROOM $2,157.79 PER MONTH
UNIT 4 – 1 BEDROOM, 1 BATHROOM $1,833.31 PER MONTH
UNIT 5 – 1 BEDROOM, 1 BATHROOM $1,616.99 PER MONTH
UNIT 6 – 2 BEDROOM, 1 BATHROOM $2,103.71 PER MONTH
LOT SIZE: 8,250± SQ. FT.
ZONED: LAR4 SUBJECT TO GENERAL PLAN CONFIRMATION
TAXES: PROPOSITION 13
SCHROEDER 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.
INSPECTIONS: SATURDAY, NOVEMBER 15 & 22 (11:00 A.M.-2:00 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.