32% interest in apartment house
Listing Information
32% interest in apartment house
Minimum Price: $15,500.00
Created: 12/01/2014
Category: Real Property > Residential > MultiFamily
Sale Location: Woodland Hills, California
Sale Date: Thu. Jan 8, 2015
Trustee's Attorney
1901 Avenue of the Stars Suite 450
Los Angeles, CA 90067
310-277-0077
Real Estate Location
Los Angeles, CA,
Description
The Debtor’s interest in an undivided 32% interest in a three unit apartment house at 342, 344, 344 ½ East 67th Street, Los Angeles, California (“67th Street”) held by Darin Davis and Sara Carolina Davis, Trustees of the Darin and Carolyn Davis Living Trust dated December 22, 2006 (“Davis Living Trust”), as tenant in common with Joshua Lester Levy and Kelly May Copeland Levy, Trustees of the Joshua and Kelly Levy Family Trust dated September 1, 2004 (“Levy Family Trust”), which owns an undivided 68% interest in 67th Street. 67th Street is subject to a deed of trust securing the obligation of the Davis Living Trust and the Levy Family Trust to pay a promissory note in the principal sum of $135,000.
Sale Location
Woodland Hills, CA,
Other Information
The Debtor's interest in the property is being sold for $15,000, subject to Court approval. The sale is subject to overbid. The proposed sale shall be "as is" and "where is" with no warranty or recourse whatsoever, subject to all liens and encumbrances.