PROBATE SALE – LOS ANGELES COUNTY
BY ORDER OF SUPERIOR COURT
2 ON A LOT
BROCHURE #609
LOCATION: 1316 E. 75TH STREET, LOS ANGELES, CA 90001 APN 6024-020-050
DIRECTIONS: SOUTH OF E. FLORENCE AVENUE. NORTH OF NADEAU STREET. SHOW ME A MAP
DESCRIPTION: RARE OPPORTUNITY TO BUY 2 HOMES ON 1 LOT WITH A DETACHED GARAGE IN THE FLORENCE/FIRESTONE AREA OF LOS ANGELES. PUBLIC RECORDS SHOW ENTIRE PROPERTY TO BE 4 BEDROOMS AND 2 BATHROOMS. GREAT CENTRAL LOCATION IN LOS ANGELES. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE COUNTY OF LOS ANGELES FOR CURRENT BUILDING REQUIREMENTS & RESTRICTIONS. PRELIMINARY TITLE REPORT SHOWS PROPERTY TO BE IN AN UNINCORPORATED AREA OF LOS ANGELES COUNTY. BOTH UNITS OCCUPIED. RENTS ARE UNVERIFIED, BUYER TO VERIFY AND CONFIRM ALL RENTS BEING PAID. FRONT HOUSE POSSIBLE SECTION 8, BUYER TO VERIFY. SOLD SUBJECT TO EXISTING OCCUPANCY.
INCOME:
1316 E. 75TH STREET – OCCUPIED (RENT NOT VERIFIED)
1316½ E. 75TH STREET APPROXIMATELY $700 PER MONTH. MONTH TO MONTH. (NOT VERIFIED) BUYER TO VERIFY.
LOT SIZE: 4,926± SQ. FT
ZONED: LCR3YY SUBJECT TO GENERAL PLAN CONFIRMATION
TAXES: PROPOSITION 13
ESTATE OF EUGENE FISHER JR.
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 ESTATE AND SUBJECT TO COURT CONFIRMATION.
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.
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.