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.
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TRUST SALE – VALLEY VILLAGE – SUNDAY, FEBRUARY 26 @ 2:00 P.M.

addison street 2

TRUST SALE  –  VALLEY VILLAGE

3 HOMES ON 2 LOTS (25,797± SQ. FT)

SUNDAY, FEBRUARY 26 @ 2:00 P.M.

SALE AT SITE

BROCHURE #306

NO COURT CONFIRMATION

LOCATION:
12354 ADDISON STREET, VALLEY VILLAGE, CA 91607  APN 2356-025-050
12356-12358 ADDISON STREET, VALLEY VILLAGE, CA 91607  APN 2356-025-051

DIRECTIONS:   NORTH OF 101 FREEWAY. SOUTH OF MAGNOLIA BLVD.. SHOW ME A MAP

DESCRIPTION:   RARE OPPORTUNITY TO PURCHASE 2 PARCELS OF LAND TOGETHER AS ONE SALE, TOTALING 25,797± SQ. FT. IN THE HIGHLY DESIRABLE STUDIO CITY ADJACENT AREA OF VALLEY VILLAGE. THE PROPERTIES CONSIST OF 3 DETACHED, 2 BEDROOM, SINGLE FAMILY HOMES, 2 OF WHICH ARE RENTED ON A MONTH TO MONTH BASIS. POSSIBLE DEVELOPMENT SITE. BUYER TO CHECK WITH TH CITY FOR CURRENT BUILDING RESTRICTIONS/REQUIREMENTS AND VERIFY ALL PERMITTED IMPROVEMENTS. LEASES AVAILABLE UPON REQUEST. OWNER PASSED AWAY IN 12354 ADDISON STREET.

INCOME:
12354 ADDISON STREET  –  2 BEDROOM, 1 BATHROOM. (VACANT))
12356 ADDISON STREET  –  2 BEDROOM, (1) ¾, (1) ½ BATH. $2,500 PER MONTH (MTM)
12358 ADDISON STREET  –  2 BEDROOM, 1 BATHROOM. $2,250 PER MONTH (MTM)

LOT SIZE:   APN 2356-025-051 (12356 & 12358 ADDISON STREET) 17,203± SQ. FT.
APN 2356-025-050 (12354 ADDISON STREET)  8,594± SQ. FT.

TAXES:   PROPOSITION 13

ARLEIGH CASTLE 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:   SUNDAY, FEBRUARY 12 & 19 (11:00 A.M.-2:00 P.M.) & ½ 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.