3432 E 14th St
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3432 E 14th St
4,950 SF 100% Leased Industrial Building Los Angeles, CA 90023 $508,333 ($103/SF)
Executive Summary
50% interest in this property. See attached guideline document for full instructions. Seller Information: the Estate of Micheal Meraz; note: that is the correct spelling of the 1st name; Probate Case: 24STPB00578; Los Angeles County; Forms: Vacant Land Purchase Agreement and Joint Escrow Instructions (CAR Form VLPA Revised 7/24); 3D(1) Minimum EMD 3%; 3D(02); check and input Deposit raised by 7% after Buyer's contingencies completed (so we can request court confirmation); 4A Property Addenda; check and include Probate Purchase Agreement Purchase Addendum (C.A.R. Form PA-PA; 4B Other Addenda; check and include Court Confirmation Addendum (C.A.R. Form CCA); 4C Buyer and Seller Advisors; check and include Probate Advisory (C.A.R. Form PA); Submit a verification of funds and preapproval letter, if applicable; Property is sold in "as is" condition, with no repairs or cash credits; Counter offers and/or any response to your offer submitted is not guaranteed. With numerous properties for sale, and the usual onslaught of lowball offers, the Seller will only respond to those offers that appear to be likely to result in a contract; The Seller will deliver the property vacant or occupied as per the listing details but to be confirmed in the purchase contract, and the Buyer to check status before court confirmation to confirm and take responsibility; Seller prefers no nominees or assignees. Signatures from all Buyers planning to be on title must be on the original purchase agreement; Close of escrow shall occur within 10 days after receipt of court order confirming sale; The sale is contingent upon court confirmation; The Buyer will be responsible for repairs (if any) and the removal of all items that is left behind in the property, including they yard and garage; The Seller will pay for a natural hazard zone disclosure report; The Buyer Will pay for a smoke detector installation, water heater bracing, and/or any cost of compliance with any other minimum mandatory government retrofit standards, inspections, and report, if required by law; The Buyer and Seller will pay for their own escrow fees. The Escrow will be the Seller's choice; Seller will pay for an owner's title policy issued by the company of Seller's choice; Seller to pay county transfer tax or fee and city transfer tax or fee; Buyer will waive a Home Warranty or purchase at their own expense; Please submit an offer to Bill Gross's Office via: a. bill@TheLAProbateExpert.com; b. Hand-delivery/messenger to EXP Realty of California Inc., 8383 Wilshire Blvd. #800, Beverly Hills, CA 90211. If hand delivered, confirm delivery via text and/or email.
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- Operating and Financials
Property Facts
Price | $508,333 | Rentable Building Area | 4,950 SF |
Price Per SF | $103 | No. Stories | 1 |
Sale Type | Investment or Owner User | Year Built | 1971 |
Property Type | Industrial | Clear Ceiling Height | 22 FT |
Property Subtype | Manufacturing | No. Drive In / Grade-Level Doors | 1 |
Building Class | C | Opportunity Zone |
Yes
|
Lot Size | 0.13 AC |
Price | $508,333 |
Price Per SF | $103 |
Sale Type | Investment or Owner User |
Property Type | Industrial |
Property Subtype | Manufacturing |
Building Class | C |
Lot Size | 0.13 AC |
Rentable Building Area | 4,950 SF |
No. Stories | 1 |
Year Built | 1971 |
Clear Ceiling Height | 22 FT |
No. Drive In / Grade-Level Doors | 1 |
Opportunity Zone |
Yes |
Amenities
- Floor Drains
- Freezer (Space)
- Skylights
Utilities
- Heating
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Walk Score ®
Very Walkable (79)
PROPERTY TAXES
Parcel Number | 5190-032-007 | Improvements Assessment | $428,253 |
Land Assessment | $500,210 | Total Assessment | $928,463 |
PROPERTY TAXES
Parcel Number
5190-032-007
Land Assessment
$500,210
Improvements Assessment
$428,253
Total Assessment
$928,463
zoning
Zoning Code | LAM2 |
LAM2 |
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3432 E 14th St
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