CONSERVATORSHIP SALE

BY ORDER OF SUPERIOR COURT

5 UNITS  –  WEST HOLLYWOOD

BROCHURE #804

LOCATION:   1204 LARRABEE STREET, WEST HOLLYWOOD, CA 90069  APN 5560-022-013 

DIRECTIONS:   THOMAS GUIDE (L.A. COUNTY) P. 592, H-6. NORTH OF SUNSET BLVD. WEST OF SAN VICENTE BLVD.  SHOW ME A MAP

DESCRIPTION:   (5) 1 BEDROOM, 1 BATH UNITS IN THE VERY DESIRABLE CITY OF WEST HOLLYWOOD. EACH UNIT HAS A LIVING ROOM & KITCHEN. 5 COVERED PARKING SPACES (1 SPACE PER UNIT). SEPARATE GAS & ELECTRIC METERS FOR EACH UNIT. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY OF WEST HOLLYWOOD FOR CURRENT BUILDING & ZONING REQUIREMENTS. PERSONAL PROPERTY NOT INLCUDED IN SALE. DO NOT DISTURB OCCUPANTS. OFFERS TO BE SUBMITTED ON FLANS & WEINER, INC. FORMS. RENT ROLL, EXPENSE STATEMENT AND ANY AVAILABLE LEASES ARE AVAILABLE UPON REQUEST.

MONTHLY INCOME:

 1204 LARRABEE STREET  –  $834.—
  1204½ LARRABEE STREET  –  $671.88
  1206 LARRABEE STREET  –  $687.89
  1208 & 1208½ LARRABEE STREET  –  $1,671.30 TOTAL FOR 2 UNITS
  TENANT OCCUPIES BOTH UNITS
  TOTAL MONTHLY INCOME = $3,865.07

LOT SIZE:   6,986± SQ. FT.

ZONED:   WDR4*      SUBJECT TO GENERAL PLAN CONFIRMATION

TAXES:   PROPOSITION 13

CONSERVATORSHIP OF VALENTINE

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 CONSERVATOR AND SUBJECT TO COURT CONFIRMATION.

ESCROW PERIOD:   45 DAYS OR SOONER

DEPOSIT:   $25,000 CASHIER’S CHECK TO BE SUBMITTED WITH OFFER. BALANCE OF 10% DEPOSIT BY PERSONAL CHECK. BOTH CHECKS 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.