COURT OVERBID DATE: November 20th, 2019 at 11:00 AM. LOCATION: 255 E Temple St. Los Angeles, CA 90012, Courtroom 1539. INITIAL OVERBID PRICE: $1,635,000 and bidding, if any, shall proceed in increments of a minimum of $5,000. COURT OVERBID REGISTRATION: Cashier's check in the amount of $115,000. Verification of Funds, and Registration Form. Overbidders Must Register with Trustee. Please e-mail Listing Agents for the Overbid Instructions and/or Registration Form. Please call Listing Agents with any questions.
The Bankruptcy Division of MVP Commercial Investment Real Estate of KW Commercial is pleased to present a Beautifully Remodeled Commercial Building located in a Designated Qualified Opportunity Zone in the city of Anaheim. The building was being used as office space until recently and will be delivered vacant to a new Owner at the Close of Escrow. The property was built in 1979 and remodeled approximately 5 years ago with new interior renovations along with new HVAC systems. The 2 story building is approximately 6,888 square feet (Buyer to Verify) and is situated on a 15,924 square foot lot zoned O-L.
This investment opportunity contains multiple office suites of different square footages which can be rented immediately and also contains a large conference room, a kitchen, and two restrooms on each floor. Further, the property contains a Cell Tower and Equipment Room which is currently leased at $2,450 per month (BUYER TO VERIFY). The property has ample parking with gated entry.
1. Bankruptcy Court Sale Subject to Court Overbid and Approval Process
2. All Offers are Subject to an Overbid Process
3. Bankruptcy Court Case # 2:19-bk-14146-BB
4. Property is being Sold “AS-IS, WHERE-IS” without Representations or Warranties
This asset permits for a variety of use options and development options due to its O-L zoning and it being situated in a Designated Qualified Opportunity Zone (Buyer to Verify).
**Please do not set foot on the property. Call Listing Agents for showing instructions or to set up an appointment**