TRUST SALE  –  WEST HOLLYWOOD

20 UNITS

BROCHURE #450

CALL OFFICE FOR INFORMATION (818) 501-4888

LOCATION:   1035 N. HAYWORTH AVENUE, WEST HOLLYWOOD, CA 90046  APN 5529-014-029

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 593, B-6. SOUTH OF SANTA MONICA BLVD. WEST OF FAIRFAX AVENUE.  SHOW ME A MAP

DESCRIPTION:   RARE OPPORTUNITY TO PURCHASE A 20 UNIT APARTMENT BUILDING IN THE HIGHLY DESIRABLE CITY OF WEST HOLLYWOOD, CALIFORNIA. THE BUILDING CONSISTS OF (1) 3 BED, 2 BATH, (5) 2 BED, 2 BATH & (14) 1 BED, 1 BATH UNITS. UNDER BUILDING GATED PARKING GARAGE WITH 28± SPACES. LAUNDRY ROOM. MASTER WATER HEATER. RADIANT ELECTRIC HEATING. WALL AIR CONDITIONING. SEPARATE ELECTRIC METERS FOR EACH UNIT. STORAGE ROOM CURRENTLY USED BY BUILDING ON SITE MANAGER (WATER INTRUSION IN STORAGE ROOM). RENT ROLL AVAILABLE UPON REQUEST. LEASES, UTILITY BILLS AND EARTHQUAKE RETROFIT INFORMATION AND INSURANCE INFORMATION AVAILABLE UPON REQUEST. CALL OFFICE (818) 501-4888 OR EMAIL [email protected].
PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB OCCUPANTS. PROPERTY SOLD SUBJECT TO NOTICE OF PROPOSED ACTION AND MAY BE SOLD SUBJECT TO COURT CONFIRMATION. GREAT INVESTMENT OPPORTUNITY IN THE HIGHLY DESIRABLE CITY OF WEST HOLLYWOOD. CENTRALLY LOCATED. CLOSE TO SHOPPING, SCHOOLS, RESTAURANTS AND ENTERTAINMENT.

LOT SIZE:   13,594± SQ. FT.

ZONED:   WDR3C*               SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

LEOVY 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, SUBJECT TO A NOTICE OF PROPOSED ACTION AND MAY BE SUBJECT TO COURT CONFIRMATION.

ESCROW PERIOD:   45 DAYS OR SOONER

DEPOSIT:   $50,000 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.