Apartment Building in California
Listing Information
Apartment Building in California
Created: 12/23/2014
Category: Real Property > Residential > Apartment
Sale Location: Los Angeles, California
Sale Date: Tue. Jan 20, 2015
Trustee's Attorney
4808 Santa Monica Ave
San Diego, CA 92107
(619) 222-2661
Real Estate Location
Los Angeles, CA, 90291
Description
Sale of a parcel of real property improved with a 12 unit Apartment Building located in Los Angeles, California, assessor's parcel number 4238-004-008. The Apartment, a twelve (12) unit multifamily investment located in the City of Venice. This one story building was constructed in 1920 and consists of 5,039 square feet of living area is situated on an 7,650 square foot lot zoned RD1.5-1. The property features eight (8) studios and two (2) two bedroom/ one bath units, and two (2) one bedroom/one bathroom units.
This is a unique opportunity to own in one of Southern California' s most desirable neighborhoods. Properties in Venice/Abbot Kinney rarely hit the market and rental demand is also strong due to the subject property' s location.
Features:
- Apartment/Multifamily
- Units in Building: 12
- Two (1+1s), Two (2+1s) & Eight (Studios)
- No. Stories: 1
- Building Size: 5,038 SF
- Lot Size: 7,667 SF
- Built in 1920
Additional Details
- Sale Hearing in "Courtroom 1668" @ 2:00 p.m.
- Bid Deposit: $327,500
- The minimum initial overbid amount shall be $3,300,000 and subsequent bids shall be in minimum increments of $5,000.
- Last date to respond - 14 days before the date of the sale hearing