Two Commercial Buildings in California
Listing Information
Two Commercial Buildings in California
Price: $1,900,000.00
Created: 10/30/2020
Category: Real Property > Commercial > Commercial Vacant Land/Building
Sale Date: Mon. Nov 16, 2020
Debtor's Attorney
10250 Constellation Blvd. Suite 1700
Los Angeles, CA 90067
310-229-1234
Case Title: People Who Care Youth Center, Inc.
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket
Real Estate Location
Los Angeles, CA,
Description
Sale of two commercial buildings located in Los Angeles, California. 1512 W Slauson Ave - Subject property is a 3 story office building is an approximate 5,400 square feet. Uses include Zoning for LACM. Features Welcoming vestibule with 3 level access Kone EMS rated serviced elevator, counter with office space, mixed lighting, tiled floor, dual height water fountain, men/woman restrooms, stairwell access, 5 class rooms with dividers, offices, utility closet, open concept, employee kitchen and break-room, storage, network ready, Edwards annunciator fire control panel, audible and strobe alarms, dry standpipe with OS&Y valve, fire sprinklers, heat and smoke detectors and multi-zone HVAC. Tenant has 66 month lease began summer of 2019 with escalations beginning year 3. Second property is 1502 W Slauson Ave an approximate 4,500 square foot a single level warehouse with conventional construction and arch trust roof is vacant and can be immediately occupied by owner or leased for additional income.
Features:
- Property Type: Commercial
- Number of Properties: 2
- Building Size: 13,500 SF
- Built in 1946
Additional Details
- Auction Time: 10:00 a.m.
- Sale Hearing Held on November 18, 2020, at 11:00 a.m.
- Bid Amount: $1,950,000
- Bid Increment: $50,000
- Bid Deposit: $110,000
- Bid Deadline: November 13, 2020
- Last date to respond: 14 days prior to the sale hearing