INTERESTED PARTIES CAN OVEBID ON 11/15/22 AT 11:00 A.M. VIA ZOOM OR IN BANKRUPTCY COURT AT 255 E. TEMPLE STREET, COURTROOM 1568, LOS ANGELES FOR A MIN BID OF $2,150,000. NO LATER THAN, 11/10/22, YOU MUST DELIVER: 1.) CASHIER S CHECK IN AMT OF $64,500 PAYBLE TO JINZHENG GROUP (USA), LLC; 2.) A COMPLETED AND SIGNED OFFER TO PURCHASE FORM ATTACHED AS EXHIBIT 2 IN THE SALE MOTION; 3. WRITTEN PROOF OF FINANICAL ABILITY TO CLOSE ESCROW UNCONDITIONALLY. CALL LISTING AGENT FOR COPY OF SALE MOTION, OVERBID FORM AND DISCLOSURES. Attention Builders! Fabulous opportunity to build your new home in one of the best area of Arcadia. This rare to find expansive rectangular FLAT lot has 101 ft frontage and 234 ft depth with total lot size of 22165 sqft. Situated on a cul-de-sac street with minimal traffic. Excellent builder and developer opportunity. The sales consisted land, half finished construction and approved Architecture plan with paid permit for 5350 sqft main house, 1053 sqft ADU & a 735 sqft three cars garage. The plan also approved for a pool with jaccuzi, gazebo with BBQ area, and a pond. Located in a peaceful neighborhood with Distinguished Arcadia School district. Conveniently located to all necessities-bus stops, supermarkets, restaurants, banks, Westfield Santa Anita Shopping Mall, Santa Anita race track, the arboretum, & neighboring parks. Easy access to freeways 605, 210 and 10. Don't miss out on this wonderful property. **The property to be sold "as-is" ** **The sale is subject to bankruptcy court approval and over-bid and special addendum to accompany all offers.**
Listing Agent: Stephen Eng 01946974 Courtesy of: RE/MAX Of Cerritos "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 26th November, 2022 6:58 PM (UTC)
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