ON TUESDAY, FEBRUARY 25, 2025, AT 9:30 AM AT THE STANLEY MOSK COURTHOUSE, DEPT. 85, 111 N HILL ST., LOS ANGELES, CA 90012, THE REAL PROPERTY LOCATED AT 4324 SOUTH VERMONT AVE, LOS ANGELES, CA 90037 WITH THE FOLLOWING LEGAL DESCRIPTION:
Lot 1 in Block 2 of Palmers Vermont and Vernon Avenue Tract, in the City of Los Angeles, County of Los Angeles, State of California, as per Map recorded in Book 9, Page 147 of Maps, in the Office of the County Recorder of said County. Assessor’s Parcel No. 5020-035-018
WILL BE SOLD BY WAY OF A COURT CONFIRMATION AND OVERBID HEARING. THE OPENING BID WILL BE $4,620,000. BIDDERS SHOULD CONTACT THE COURT RECEIVER AT LEAST 2 BUSINESS DAYS BEFORE THE HEARING TO PREQUALIFY TO BID BY: (1) SIGNING THE RULES FOR CONFIRMATION AND OVERBID HEARING; (2) PROVIDING PROOF OF FUNDS AS TO THE BIDDER’S HIGHEST BID; (3) PROVIDING A $150,000 DEPOSIT VIA CASHIER’S CHECK OR WIRE/ACH. ALL BIDDERS THAT ARE NOT THE WINNING BIDDER WILL RECEIVE THEIR $150,000 DEPOSIT BACK FOLLOWING THE HEARING. PREQUALIFIED BIDDERS MAY APPEAR IN PERSON OR REMOTELY.
CALL BROKERS FOR MORE INFORMATION.