Description
PROBATE SALE, Subject to Court confirmation and over-bidding in Court. Sale confirmation scheduled for Fri., February 19th, 2021 at 9:30am, in Dept. 11 at DTLA Court located at 111 North Hill Street, Los Angeles, CA 90012. Asking price is the 1st minimum overbid amount. All interested over-bidder must be present in the Court with a cashier's check for at least 10% of the minimum overbid amount, or for at least $140,750.00, payable to "Caitlin Cogan, Successor Trustee of the R.T Davis 2006 Revocable Trust, dated May 2, 2006". Excellent 8-unit garden-style apartment in the Park Mesa Heights/Hyde Park neighborhood, less than 3 miles from the new SOFI Stadium & Inglewood Forum. Great upside potential. Zoned LAR3-1. Huge lot size, ideal for future development. For sale after 38 years! All 1 bed 1 bath units. 2 units delivered vacant. Separately metered for gas and electricity, & have individual water heaters. Some units have laundry hook-ups. Subject to City of L.A. Rent control ordinance.
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8BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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3,840SQFT
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$367$/SQFT
School Ratings & Info
Description
PROBATE SALE, Subject to Court confirmation and over-bidding in Court. Sale confirmation scheduled for Fri., February 19th, 2021 at 9:30am, in Dept. 11 at DTLA Court located at 111 North Hill Street, Los Angeles, CA 90012. Asking price is the 1st minimum overbid amount. All interested over-bidder must be present in the Court with a cashier's check for at least 10% of the minimum overbid amount, or for at least $140,750.00, payable to "Caitlin Cogan, Successor Trustee of the R.T Davis 2006 Revocable Trust, dated May 2, 2006". Excellent 8-unit garden-style apartment in the Park Mesa Heights/Hyde Park neighborhood, less than 3 miles from the new SOFI Stadium & Inglewood Forum. Great upside potential. Zoned LAR3-1. Huge lot size, ideal for future development. For sale after 38 years! All 1 bed 1 bath units. 2 units delivered vacant. Separately metered for gas and electricity, & have individual water heaters. Some units have laundry hook-ups. Subject to City of L.A. Rent control ordinance.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-16T14:42:30.967. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.