5517 Holmes Ave
Los Angeles, CA 90058
Office Property For Sale

PROBATE Sale, subject to Court Confirmation, and overbidding in Court. Waiting for the Court date of sale confirmation for the subject property which will be held in Dept. 11 at the Stanley Mosk Court House in Downtown LA. Asking price is the 1st minimum overbid amount. Any interested over-bidder must be present in the Court with a cashier’s check for at least 10% of the minimum overbid amount, or for at least $73,550 payable to “Jeffrey Siegel, Temporary Successor Trustee of the Myrtle Moore Living Trust”. This is a single-tenant commercial property that has been recently completely rehabbed, due to damage from a fire back in 2015. All systems - mechanical, electrical, plumbing, roof, HVAC, insulation, drywall, flooring, are new, and done with permits. Equipped with security alarm system and cameras. Copies of approved plans and permits available. Parking lot was also re-surfaced and re-stripped. Property is currently vacant, and will be delivered vacant at COE. All financials are proforma. Seller is a Court appointed fiduciary and cannot make any representations as to the condition and history of the subject property. Buyer to conduct their own investigations. Probate sale. Property is sold "As Is" and "Where Is". Easy to show by appointment.