SOLD FOR LAND VALUE ONLY. GREAT DEVELOPMENT OPPORTUNITY FOR UNITS,CONDOS.ZONED RD2, SELLER WILL ONLY ENTERTAIN NON CONTINGENT OFFERS ONLY. NO EXCEPTIONS, NO ACCESS WITHOUT ACCEPTED OFFER, DO NOT WALK ON PROPERTY,DO NOT KNOCK ON PROPERTY
ALL OFFERS TO BE NON CONTINGENT OFFERS WITH PROOF OF FUNDS
ATTENTION ALL BUILDERS ! HUGE FLAT LOT, SUBMIT ALL OFFERS, ZONE CHANGE FINAL TO RD2AND R1 !
Ord. #176,354 approved zone change by City of LA
Price is Firm. PLEASE SEE ATTACHMENTS AND REVIEW PRIOR TO OFFER SUBMISSION. Excellent mix of 10) 2+1’s and 8) 1+1’s. Sellers choice of services,There is existing first deed of trust with Malaga Bank, originated Feb 2013, in the amount of $1,667,000, assumption fee of 1 point 30 year loan & fixed for ONLY 5 years at 3.5%, then remaining 25 years is adjustable that Buyer IS TO ASSUME. EXITING PREPAY IS APPROX $66k