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Auction Date: Sunday, September 10th , 2006 at 11:00am
SOLD FOR $1,600,000
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| TERMS AND CONDITIONS OF AUCTION |
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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 |
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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 |
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All Cash at close of thirty ( 30 ) day escrow.
Buyer to obtain own financing. Financing Is NOT a contingency.
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| Escrow |
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Seller will convey the grant deed. Escrow cost will be shared Fifty/Fifty (50/50) between Buyer andSeller.
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Title Insurance
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| Orange Coast Title 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 (except new taxes). Title policy to be paid for by Seller. |
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| As Is |
| As in all real estate auctions this property is being sold "AS IS" with only a Guarentee of Good Title. Any serious biddger is invited to have their inspectors make an inspection of the premises. Call for an appointment. |
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| Deposit Receipt and Preliminary Title Report |
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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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| All Documents |
| Deposit Receipt and Title Report will be available at the open houses and at auctioneer's office for review before the auction. |
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| Broker Cooperation |
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As members of the Beverly Hills Realty Board for many years, we encourage all Brokers to bring their clients to our auctions. (See MLS Listing )
Two and a Half Percent (2-1/2%) commission will be paid to the Licensed California Broker who represents the successful buyer.
Brokers must: 1) Register the Buyer at least 48 hours before the Auction; and 2) Must attend the auction with the buyer.
A broker cannot act as a principal and a broker on the same transaction.
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| FACTS & FIGURES |
| Location |
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Location: Pacific Palisades is one of the most desirable communities in California. This residence is located on the S.E. corner of Bestor Blvd and Hartzell St., north of Sunset Blvd.
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| Bedrooms/Baths |
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Three (3) Bedrooms, Two (2) Baths |
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| Square Feet |
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1,868 sq.ft. +/-
Lot Size: 7,013 Sq. Ft. / 71’ frontage x 132' deep |
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| APN # |
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4423-006-013 |
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| Legal |
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Legal Tract 9300, Lot 13 |
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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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