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REAL
ESTATE AUCTION
1514
Hill St. Santa Monica, CA 90405
Santa
Monica Residence With Gorgeous Ocean Views
Sunset Park area of Santa Monica
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| SOLD! |
Auction
Date:
Saturday,
February 25th , 2006 |
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| TERMS AND CONDITIONS OF AUCTION |
If
you care to be a spectator only, you are more than welcome. If
you intend to be an active bidder please note Auction
Deposit Requirements .
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| Auction
Deposit |
| To
obtain a bidding number, every bidder MUST present a Cashier’s
Check in the amount of $50,000.00 drawn on a California
Bank, and made payable to: The Piatelli Company, Trust
Account
(No Personal Checks Please)
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| Terms
of Sale |
All
Cash at close of thirty ( 30 ) day escrow.
Buyer to obtain own financing.
Financing Is NOT a contingency.
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| Escrow |
Escrow
cost will be shared Fifty/Fifty (50/50) between Buyer and
Seller, which is a Trust.
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Title
Insurance
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| First
American Title and Insurance Co. will issue a Standard Policy
of Title
Insurance to the new buyer in the amount of the high bid insuring the
property to be free of all monetary liens , to be paid for by the Trustee
of the Estate. |
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| As
Is |
| The
subject property is being sold by Order of the Trustee, who
has never
lived in the house, and is selling the house “As Is
Where Is“. |
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| Deposit
Receipt and Preliminary Title Report |
Immediately
at the conclusion of the auction the High Bidder will
be required to sign and approve the Deposit Receipt and
Preliminary Title Report and no further instructions will be necessary
to close escrow.
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| Broker
Cooperation |
For
the past fifty (50) years we have encouraged all Brokers
to bring their
Clients to any of our Auctions.
Two and
a Half Percent ( 2-1/2 % ) commission will be paid the
Licensed California Broker who A)
Registers his buyer in writing at least 72 hours
before the auction , and Attends
the auction with the buyer.
No commission
will be paid to a broker who is acting
as a principal. |
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| FACTS
& FIGURES |
| Location |
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1514
Hill St. Santa Monica, CA 90405
Ocean View Santa Monica Residence
Sunset Park area of Santa Monica
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| Bedrooms/Baths |
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2
Bedrooms , 1 Bath |
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| Square
Feet |
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1,220
sq.ft. +/- (Per Assessor)
Lot Size 50’ frontage x 140 deep,
6,787 Sq. Ft. ( 20’ Paved Rear Alley ) |
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| APN
# |
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4285-015-004 |
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| Legal |
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Lot
153, Tract 9833 |
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| Description |
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2
Bedrooms, 1 Bath, Living Room w/fireplace,
Bar, Dining Room, Kitchen w/door to rear patio,
large rear grassy yard
Rear
20 foot paved alley.
2
Blocks South of Ocean Park Blvd
(Main thoroughfare )
Close
to all shops and restaurants. Would make an excellent
rental.
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| Directions |
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Ocean
Park Blvd to 14th St. South to Hill St. |
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| Questions? |
| Call Auctioneers with any questions you might
have.
THE PIATELLI COMPANY
Real Estate Auctioneers in Los Angeles
for over Half a Century
OFFICE PHONE 310-440-8881
FAX 310-440-8895
Fred Havens ( Cell ) 310-922-4650
email: fred@piatelli.com
Mario
Piatelli (Cell) 310-228-8543
email: mario@piatelli.com
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