TRUST SALE  –  SOUTH GATE

OPERATING RESTAURANT

WEDNESDAY, JULY 8 @ 10:00 A.M.

SALE AT SITE

BROCHURE #625

NO COURT CONFIRMATION

LOCATION:   3013 CENTURY BLVD (MARTIN LUTHER KING JR BLVD), SOUTH GATE, CA 90280  APN 6207-031-034

DIRECTIONS:   NORTH OF 105 FREEWAY. EAST OF ALVARADO STREET.  SHOW ME A MAP

DESCRIPTION:   RARE OPPORTUNITY TO BUY AN OPERATING RESTAURANT ON A HIGH VISIBILITY STREET IN THE HIGHLY SOUGHT AFTER CITY OF SOUTH GATE. LEASES AND INCOME/EXPENSES AVAILABLE UPON REQUEST. NO COURT CONFIRMATION.

INCOME:   $2,600. PER MONTH. MONTH TO MONTH.

LOT SIZE:   4,345± SQ. FT.

ZONED:   SGCM      SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

SANTANA 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:   WEDNESDAY, JUNE 24 & JULY 1 (11:00 A.M.-1:00 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.