CONSERVATORSHIP AUCTION!!! RARE OPPORTUNITY TO BUY AN 11 UNIT APARTMENT BUILDING, ON A CORNER LOT, WITH PARKING, IN THE PACIFIC PALISADES. ONE OF THE MOST ICONIC BEACH COMMUNITIES IN ALL OF SOUTHERN CALIFORNIA. CLOSE TO PACIFIC COAST HIGHWAY AND PALISADES VILLAGE.
Property to be sold by public auction Sunday August 3, 2025 @ 10:00 A.M. SALE TO BE CONDUCTED AT THE OFFICES OF FLANS & WEINER, INC. 16200 VENTURA BLVD ,SUITE #417, ENCINO, CA 91436. Please contact listing office or see listing office website for Auction Terms & Conditions, registration, & auction requirements. Registered agents/brokers must attend auction. Buyer to verify all MLS info, including permits & uses, parking, bed/bath counts, square footage, Zoning, Utilities, schools, and their enrollment availability. Buyer is advised to investigate all aspects of the property & verify the accuracy of all information provided. No offers accepted prior to auction. Showing requests made through MLS portal will not be responded to. PLEASE SEE LISTING OFFICE WEBSITE FOR RENT ROLL (9 UNITS VACANT). OLD LEASE FOR ONE UNIT AVAILABLE UPON REQUEST. SUBJECT TO COURT CONFIRMATION.
INCOME:
UNIT #1 – STUDIO (1) BATHROOM – VACANT
UNIT #2 – 1 BEDROOM, 1 BATHROOM – VACANT
UNIT #3 – 1 BEDROOM, 1 BATHROOM – VACANT
UNIT #4 – STUDIO (1) BATHROOM – $1,140 PER MONTH (MONTH TO MONTH)
UNIT #5 – 1 BEDROOM, 1 BATHROOM – VACANT
UNIT #6 – 1 BEDROOM, 1 BATHROOM – VACANT
UNIT #7 – 1 BEDROOM, 1 BATHROOM – VACANT
UNIT #8 – STUDIO (1) BATHROOM – VACANT
UNIT #9 – 1 BEDROOM, 1 BATHROOM – $1,400 PER MONTH (MONTH TO MONTH)
UNIT #10 – STUDIO (1) BATHROOM – VACANT
UNIT #11 – 1 BEDROOM, 1 BATHROOM – VACANT