Trust Sale, subject to Court confirmation and over-bidding in Court. Sale confirmation is scheduled for Fri., Mar 14, 2025, at 8:30 am in Dept. 9 at DTLA Court located at 111 North Hill St., Los Angeles, CA 90012. Asking price is the 1st minimum overbid amount. All interested over-bidders must be present in the Court with a cashier’s check for at least 10% of the minimum overbid amount (=$620,000.00), payable to the “Aaron Jacobs, as Interim Trustee of The Hernandez Family Trust”. For Sale AFTER 62 years! Opportunity awaits with this 3-bedroom, 1-bath fixer-upper in South Gate! Front house is approx. 1,300 sq. ft., and the Rumpus Room with full bath was added in 1995 with permits, is approx. 500 SF. Total legal sq. ft. is approximately 1,800 sq. ft. of living space + detached garage with additional 450 SF. Title shows a living space of 1,091 sq. ft. on a 7,318 sq. ft. lot, with detached two car garage. The buyer is encouraged to independently verify the accuracy of the square footage, bedroom/ bathroom count, lot size, or dimensions, as well as any permitted or unpermitted spaces. Tenant occupied. Current tenant has resided in the property for past 27 years, and it currently paying rent of $1,765 per month, plus all utilities, on a month-to month tenancy. Property is a fixer upper and provides great opportunity for an owner/investor to rehab and realize substantial upside. Minutes away from park, schools, shopping center, entertainment, and restaurants. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations and assume all responsibilities for making the necessary repairs to the property. Seller is a Successor Trustee, un-related to the property owner, and cannot make any representations as to the condition, history of the subject property.
Lechavarria@onthegorealestate.com