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Six Unit Apartment Building in California

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Listing Information

Attachments

Six Unit Apartment Building in California



Minimum Price: $1,282,000.00


Other Item Info
Item #: cacbke_1624704
Created: 05/30/2014
Category: Real Property > Residential > MultiFamily
Sale Date: Wed. Jul 9, 2014
Seller Info
Stuart I Koenig
Debtor's Attorney
633 W 5th St 51st Fl
Los Angeles, CA 90071
213-614-1944
Bankruptcy Info
Case #: 2:13-bk-38974
Case Title: Bay Area Financial Corporation
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket

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Real Estate Location

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623 W. 8th Street
San Pedro, CA, 90731

Description

Sale of 6 unit apartment building located in San Pedro, California. The 8th Street Townhomes, constructed in 1988, is a six unit apartment building located in a prime San Pedro location just one block east of S. Gaffey Street. The 5,787 +/- square foot building consists of five two bedroom, one and one-half bath units and one - three bedroom, two and one-half bath unit. All six apartments are townhouse-style units sitting above their own individual two-car garage (12 total parking spaces). Each townhouse-style unit features vaulted ceilings, ceiling fans, recessed lighting, washer/dryer hookups, forced-air heating and A/C, and individual water heaters. The five two-bedroom units feature modern stainless steel appliances, granite countertops and a fireplace with a travertine surrounds. The larger three-bedroom unit features marble counters in the bathroom, a fireplace in the living room, and tile counters and floors in the kitchen.

Features:

  • Multi-Family Residential
  • 6 Units
  • 13 Bedrooms and 13 Bathrooms
  • 3 Story Building
  • Living Area: 5,787 SF
  • Built in 1988

Additional Details

  1. Sale Hearing in "CTRM: 1345" @ 10:00 a.m.
  2. Deposit Amount: $60,000
  3. Initial Overbid Amount: $1,292,000
  4. Subsequent Overbid: $2,500

Last date to respond - 14 days prior to the Sale hearing
Sale Hearing - July 9, 2014



Other Information

Terms and Conditions:

See attached.


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