2204 Strongs Drive, Venice

PUBLIC NOTICE OF SALE

ON WEDNESDAY, DECEMBER 4, 2019 AT 8:30 AM AT THE STANLEY MOSK COURTHOUSE, DEPT 68, 111 N. HILL STREET, LOS ANGELES, CA 90012, THE PROPERTY LOCATED AT 2204 STRONGS DRIVE, LOS ANGELES, CA 90291 WITH THE FOLLOWING LEGAL DESCRIPTION:

Real property in the City of Los Angeles, County of Los Angeles, State of California, described as follows: LOTS 32 AND 33 AND THE SOUTHEASTERLY 26.623 FEET OF LOT 34, IN BLOCK 9 OF THE SHORT LINE BEACH SUBDIVISION NO. 1, IN THE CITY OF LOS ANGELES, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 2, PAGES 59 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPT THE SOUTHEASTERLY 30 FEET FROM SAID LOT 32 APN: 227-004-011

WILL BE SOLD BY WAY OF A COURT CONFIRMATION AND OVERBID HEARING. THE OPENING BID WILL BE $4,856,750 AND BIDDERS: (1) MUST BE PREQUALIFIED AND PRESENT AT THE HEARING; (2) PROVIDE A SIGNED VERSION OF THE RULES FOR CONFIRMATION AND OVERBID HEARING; (3) PROVIDE PROOF OF FUNDS AS TO THE BIDDER’S HIGHEST BID AMOUNT; (4) PROVIDE A CASHIER’S CHECK IN THE AMOUNT OF $141,750 AS A DEPOSIT TO BID. All BIDDERS THAT ARE NOT THE WINNING BIDDER WILL RECEIVE THEIR $141,750 DEPOSIT BACK AT THE END OF THE HEARING.

CALL RICK MARQUIS AT (310) 552-9064 FOR DETAILS. THIS NOTICE IS GIVEN PURSUANT TO C.C.P. 873.740

This unique townhouse style building is situated along the Venice canals, just a few blocks from the beach and Abbott Kinney on a corner lot. Located in one of the hottest and tightest rental markets in the country, this townhouse style building combines the serenity of life along the beautiful and picturesque Venice Canals with the convenience of nearby shops, restaurants, entertainment and nightlife. The idyllic multi-story units with floating staircases and balconies have wonderful views! The building consists of Six 1BD + 1.5BA, one 2BD + 1.5BA and one 3BD + 2.5BA potential owner’s unit with spectacular 270-degree views that has been gutted and is ready for renovation. Three units, including the owner’s unit, can be delivered vacant. There is plenty of parking in 2 separate secured garages and there are laundry hookups in every unit. Great value-add opportunity but the perfect property for an owner/user, value-add or to hold long term.

Property being sold by court-appointed referee and may be subject to court confirmation and overbid hearing.

* Irreplaceable 8-unit building located in one of the tightest rental markets in the country

* Situated on the Venice canals, ideally located just a few blocks from the ocean, Venice Boardwalk and Abbot Kinney

* Beautiful townhome-style units with views

* 3 units delivered vacant, including a gutted and ready-for-renovation potential owner/user unit with spectacular 270-degree views.

* Great value-add opportunity but the perfect property for an owner/user or to hold long term – this is a keeper!

* Unit Mix: Six 1BD + 1.5BA, one 2BD + 1.5BA and one 3BD + 2.5BA

Offered at $5,610,000