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Industrial Property in California

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Listing Information

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Industrial Property in California



Price: $2,477,999.00


Other Item Info
Item #: cacbke_1890132
Created: 05/08/2020
Category: Real Property > Commercial > Industrial Vacant Land/Building
Sale Location: Santa Ana, California
Sale Date: Wed. May 27, 2020
Seller Info
Michael R Totaro
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

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Real Estate Location

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724 S. Vail Ave.
Montebello, CA, 90640

Description

Sale of industrial property located in Montebello, California. The property is comprised approximately 49,732 sq. ft. of land with a small office building of 1,665 sqft.

Legal Description: THE NORTH ONE-HALF OF LOT 2 OF THE EL CARMEL TRACT, IN THE CITY OF MONTEBELLO, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 7, PAGES 134 AND 135 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPT THE NORTHEASTERLY 306 FEET THEREOF. EXCEPT THEREFROM ALL OIL, GAS, MINERAL AND OTHER HYDROCARBON SUBSTANCES, LYUING BELOW A DEPTH OF 500 FEET FROM THE SURFACE OF SAID PROPERTY, BUT WITH NO RIGHT OF SURFACE ENTRY, WHERE THEY HAVE BEEN PREVIOUSLY RESERVED IN INSTRUMENTS OF RECORD, APN: 6353-002-004.


Sale Location

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411 W. Fourth St.
Santa Ana, CA, 92701

Additional Details

  1. Sale Hearing in "Courtroom 5B" @ 11:00 a.m.
  2. Bid Amount: Must be at least $20,000.00 more than the purchase price
  3. Bid Increment: $2,000.00
  4. Bid Deposit: $74,000.00
  5. Bid Deadline: 2 days prior to the sale hearing
  6. Last date to respond: 14 days prior to the sale hearing


Other Information

Terms and Conditions:

See Attached.


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