House built in 1946, 2 bedrooms, 1 bathroom. Located in an industrial neighborhood. Zoning is POM1. Tenant operates a dog kennel at property.
All overbidders must be Qualified Bidders and may participate in the overbid via ZoomGov on 2/9/21 at 11:00AM. To become a Qualified Bidder, the overbidder must (i)submit their initial overbid in writing for not less than $395,000 to the Trustee so as to be received no later than 5:00 p.m. on February 3, 2021 at Dinsmore & Shohl LLP, Attn: Peter J. Mastan, Trustee, 550 S. Hope Street, Ste 1765, Los Angeles, CA 90071, (ii)provide proof of funds available to close the sale at the highest amount the overbidder wishes to become qualified to bid, (iii) include a cashier’s check (or other certified funds), payable to “Peter J, Mastan, Trustee,” in the amount of $11,670 representing a good faith deposit if the overbidder is the successful bidder (to be returned if the overbidder is not the successful bidder at the auction), (iv)have completed their due diligence, including, without limitation, all inspections and appraisals, (v)have waived all contingencies to the overbidder’s obligation to close the sale if they become the successful bidder, (vi)agree to take subject to the occupancy of the current tenant, and (vii)agree to keep their offer open until the close of the auction. Please contact listing agent for telephonic overbidding instructions and copies of disclosures along with Trustee's Motion For Order Authorizing Sell Real Property