6 UNIT INCOME PROPERTY IN WEST LA EXCELLENT OPPORTUNITY!
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1 3625 Sepulveda Boulevard LOS ANGELES, CA PROBATE SALE 6 UNIT INCOME PROPERTY IN WEST LA EXCELLENT OPPORTUNITY! Kennedy Wilson presents this West Los Angeles 6 unit apartment building excellent ownership opportunity in a convenient location. The property is situated on a ± 5,179 SF lot. The cross street is Venice Boulevard. 3 units are vacant and 3 units are occupied. The tenants are not paying rent and the 3 occupied units will not be delivered vacant. The APN is Estate of Gamiel Wassiely. CALL FOR OFFERS! All offers are due February 5 th by 4:00 PM. This is an "As Is," All Cash Sale. All offers are subject to court confirmation and overbidding. Please submit your offer on the attached Offer To Purchase with a copy of your 10% deposit check payable to Kennedy Wilson to: rwinchell@kennedywilson.com. Inspection: The available units will be open for inspection on Friday, January 29th from 11:00 AM to 1:00 PM. Rhett Winchell President, Real Estate Sales & Marketing CAL Bre # rwinchell@kennedywilson.com Kennedy Wilson 151 South El Camino Drive, Beverly Hills, CA No warranty or representation is made to the accuracy of the foregoing information. Terms of sale are subject to change or withdrawal without notice.
2 3625 Sepulveda Boulevard LOS ANGELES, CA Type # of Units Bedroom Bath Status Current Monthly Rent Unit A Vacant $0.00 Unit B Occupied* $ Unit C Vacant $0.00 Unit D Vacant $0.00 Unit E Occupied* $ Unit F Occupied* $ *The sale is subject to the rights of tenants in possession. Rhett Winchell President, Real Estate Sales & Marketing CAL Bre # rwinchell@kennedywilson.com Kennedy Wilson 151 South El Camino Drive, Beverly Hills, CA No warranty or representation is made to the accuracy of the foregoing information. Terms of sale are subject to change or withdrawal without notice.
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5 COMMISSION AGREEMENT I AM A LICENSED REAL ESTATE AGENT AND HAVE THE EXCLUSIVE RIGHT TO REPRESENT, FOR THE PROPERTY LOCATED AT 3625 Sepulveda Blvd, Los Angeles CA I ACKNOWLEDGE AND AGREE TO THE COMMISSION AGREEMENT AS FOLLOWS: THE SELLER WILL PAY TO ME ONE HALF OF THE TOTAL COMMISSION APPROVED BY THE COURT (THE TOTAL IS NORMALLY 4% OF THE PURCHASE PRICE). IF THE SALE IS CONFIRMED TO MY CLIENT, THE COMMISSION IS TO BE PAID THROUGH ESCROW AT THE CLOSE OF ESCROW. HOWEVER, IF THIS ESCROW IS CANCELED OR DOES NOT RECEIVE COURT CONFIRMATION, THIS AGREEMENT IS NULL AND VOID. ADDITIONALLY, AS PERMITTED BY CALIFORNIA PROBATE CODE SECTION 10165(C)(3) IF MY CLIENT IS NOT THE SUCCESSFUL BIDDER AT THE COURT CONFIRMATION (OVERBID IN COURT), I AGREE THAT I WILL NOT RECEIVE ANY COMMISSION FROM KENNEDY WILSON OR THE SELLER IN THIS TRANSACTION. A REAL ESTATE LICENSEE WHO BUYS AS A PRINCIPAL WILL NOT BE ENTITLED TO SHARE IN THE COMMISSION IF HE OR SHE IS BUYING AS A PRINCIPAL OR INTENDS TO SHARE THE COMMISSION WITH THE PRINCIPAL. AS PERMITTED BY CALIFORNIA PROBATE CODE SECTION THE ESTATE IS NOT LIABLE TO AN AGENT OR BROKER UNDER A CONTRACT FOR THE SALE OF PROPERTY OR FOR ANY FEE, COMMISSION, OR OTHER COMPENSATION OR EXPENSES IN CONNECTION WITH SALE OF THE PROPERTY IN EITHER OF THE FOLLOWING CASES: (A) WHERE THE AGENT OR BROKER, DIRECTLY OR INDIRECTLY, IS THE PURCHASER OF THE PROPERTY. (B) WHERE THE AGENT OR BROKER REPRESENTING THE PURCHASER TO WHOM THE SALE IS CONFIRMED HAS ANY INTEREST IN THE PURCHASER. REAL ESTATE COMPANY: AGENT S NAME LICENSE # ADDRESS/CITY/ST/ZIP: TELEPHONE: SIGNATURE BUYER SIGNATURE COOPERATING BROKER/REAL ESTATE AGENT KENNEDY WILSON DATE Kennedy Wilson 151 S. El Camino Drive Beverly Hills, CA tel: fax: bidkw@kennedywilson.com
6 COMMISSION AGREEMENT I AM A LICENSED REAL ESTATE AGENT AND HAVE THE EXCLUSIVE RIGHT TO REPRESENT, FOR THE PROPERTY LOCATED AT 3625 Sepulveda Blvd, Los Angeles CA I ACKNOWLEDGE AND AGREE TO THE COMMISSION AGREEMENT AS FOLLOWS: THE SELLER WILL PAY TO ME ONE HALF OF THE TOTAL COMMISSION APPROVED BY THE COURT (THE TOTAL IS NORMALLY 4% OF THE PURCHASE PRICE). IF THE SALE IS CONFIRMED TO MY CLIENT, THE COMMISSION IS TO BE PAID THROUGH ESCROW AT THE CLOSE OF ESCROW. HOWEVER, IF THIS ESCROW IS CANCELED OR DOES NOT RECEIVE COURT CONFIRMATION, THIS AGREEMENT IS NULL AND VOID. ADDITIONALLY, AS PERMITTED BY CALIFORNIA PROBATE CODE SECTION 10165(C)(3) IF MY CLIENT IS NOT THE SUCCESSFUL BIDDER AT THE COURT CONFIRMATION (OVERBID IN COURT), I AGREE THAT I WILL NOT RECEIVE ANY COMMISSION FROM KENNEDY WILSON OR THE SELLER IN THIS TRANSACTION. A REAL ESTATE LICENSEE WHO BUYS AS A PRINCIPAL WILL NOT BE ENTITLED TO SHARE IN THE COMMISSION IF HE OR SHE IS BUYING AS A PRINCIPAL OR INTENDS TO SHARE THE COMMISSION WITH THE PRINCIPAL. AS PERMITTED BY CALIFORNIA PROBATE CODE SECTION THE ESTATE IS NOT LIABLE TO AN AGENT OR BROKER UNDER A CONTRACT FOR THE SALE OF PROPERTY OR FOR ANY FEE, COMMISSION, OR OTHER COMPENSATION OR EXPENSES IN CONNECTION WITH SALE OF THE PROPERTY IN EITHER OF THE FOLLOWING CASES: (A) WHERE THE AGENT OR BROKER, DIRECTLY OR INDIRECTLY, IS THE PURCHASER OF THE PROPERTY. (B) WHERE THE AGENT OR BROKER REPRESENTING THE PURCHASER TO WHOM THE SALE IS CONFIRMED HAS ANY INTEREST IN THE PURCHASER. REAL ESTATE COMPANY: AGENT S NAME LICENSE # ADDRESS/CITY/ST/ZIP: TELEPHONE: SIGNATURE BUYER SIGNATURE COOPERATING BROKER/REAL ESTATE AGENT KENNEDY WILSON DATE Kennedy Wilson 151 S. El Camino Drive Beverly Hills, CA tel: fax: bidkw@kennedywilson.com
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