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Two Commercial Properties in California
Listing Information
Attachments
Two Commercial Properties in California
Price: $3,400,000.00
Other Item Info
Item #: cacbke_1890132
Created: 03/27/2020
Category: Real Property > Commercial > Industrial Vacant Land/Building
Sale Location: Santa Ana, California
Sale Date: Wed. Apr 8, 2020
Created: 03/27/2020
Category: Real Property > Commercial > Industrial Vacant Land/Building
Sale Location: Santa Ana, California
Sale Date: Wed. Apr 8, 2020
Seller Info
Michael R Totaro
Debtor's Attorney
POB 789
Pacific Palisades, CA 90272
310-573-0276
Debtor's Attorney
POB 789
Pacific Palisades, CA 90272
310-573-0276
Bankruptcy Info
Case #: 8:20-bk-10295
Case Title: Katangian Vail Avenue Property Investments, LLC a
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Katangian Vail Avenue Property Investments, LLC a
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket
Real Estate Location
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Montebello, CA, 90640
Description
Sale of two commercial properties, described as below:
- 724 S. Vail Ave., Montebello, CA 90640 (the “Property”) for $2,477,999.00: Industrial land located in Montebello, CA. The property is comprised approximately 49,732 sq. ft. of land with a small office building of 1,665 sqft; and
- 1141 S. Taylor, Ave., Montebello, CA 90640 (“Taylor Property”) for $922,001.00: Parcel of industrial land located in Montebello, CA.
Additional Details
- Sale Hearing in "Courtroom 5B" @ 10:00 a.m.
- Bid Amount: Must be at least a total of $3,450,000,00 (i.e., the current sales price of both properties plus a $50,000 minimum overbid).
- Bid Increment: $10,000.00
- Bid Deposit: (i) (the “Property”) for $74,000.00 and (ii) ("Taylor Property") for $27,000.00
- Bid Deadline: 2 days prior to the sale hearing
- Last date to respond: 14 days prior to the sale hearing