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    9277 Elben Place

    Sun Valley, CA 91352
    • $835,000
    • STATUS: Pending
    • ON SITE: 268 days
    • MLS #: 20674292
    Pending
    UPDATED: 36 min ago
    $835,000
    • 0
      BEDS
    • 60.87
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    COURT OVERBID DATE: September 15th, 2021 at 9:00 AM. LOCATION: Courtroom 1575, 255 E Temple Street. Los Angeles, CA 90012 (Hearing likely to be held by Zoom. Qualified Overbidders should contact counsel for Trustee or Broker for information the afternoon on the day prior to the hearing). INITIAL OVERBID PRICE: $835,000, and bidding, if any, shall proceed in increments of a minimum of $5,000. COURT OVERBID PROCEDURE (if any): $25,050 deposit plus proof of funds to qualify; bidder must agree in writing to terms of purchase agreement attached to Motion; First overbid to be no less than $835,000 with next overbid to be $840,000. Subsequent overbids in increments of $5,000. Deposit is non-refundable if bid is accepted and approved by Court; No contingencies. Deposit, proof of funds and agreement to be bound by purchase agreement to be delivered to counsel for Trustee at 333 South Grand Avenue, Suite # 3400, Los Angeles, CA 90071. Our Bankruptcy Division is pleased to present this unique Land Opportunity located in the San Fernando region of Los Angeles located at 9277 Elben Place. Sun Valley, CA 91352 zoned for Agricultural and Single Family Residence use. The site consists of the following vacant land parcels (APN # 2545-022-002, APN # 2545-022-003, and APN # 2245-022-004) totaling approximately 60.88 acres. The lots are zoned LAA1 (Light Agricultural) permitting the following uses: Single Family Residences, Crops (field, tree, bush, berry, row and nursery stock), Greenhouses, Livestock: raising of cattle, horses, sheep, goats, birds, etc. (BUYER TO VERIFY). The property is located in the Sun Valley region of Los Angeles which is at the base of the Verdugo mountains directly from La Tuna Canyon Rd. The lots are located just northwest of the city of Burbank, south of Shadow Hills, and just west of Panorama City in close proximity to the 210 and 5 Freeways. 1. Bankruptcy Court Sale Subject to Court Overbid and Approval Process 2. All Offers are Subject to an Overbid Process 3. Bankruptcy Court Case # 2:20-bk-13673-SK 4. Property is being Sold AS-IS, WHERE-IS without Representation or Warranties

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-25T19:28:19.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
    www.carlilerealty.com/homes/112927040
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    9277 Elben Place Sun Valley, CA 91352

    • Price: $835,000
    • Status: Pending
    • Updated: 36 min ago
    • MLS #: 20674292
    0
    Beds
    0
    Baths
    0
    ½ Baths
    60.87
    Acres
    Neighborhood:
    660 - La Tuna Canyon and Adjacent
    County:
    Los Angeles
    Area:
    660 - La Tuna Canyon and Adjacent
    Property Description
    COURT OVERBID DATE: September 15th, 2021 at 9:00 AM. LOCATION: Courtroom 1575, 255 E Temple Street. Los Angeles, CA 90012 (Hearing likely to be held by Zoom. Qualified Overbidders should contact counsel for Trustee or Broker for information the afternoon on the day prior to the hearing). INITIAL OVERBID PRICE: $835,000, and bidding, if any, shall proceed in increments of a minimum of $5,000. COURT OVERBID PROCEDURE (if any): $25,050 deposit plus proof of funds to qualify; bidder must agree in writing to terms of purchase agreement attached to Motion; First overbid to be no less than $835,000 with next overbid to be $840,000. Subsequent overbids in increments of $5,000. Deposit is non-refundable if bid is accepted and approved by Court; No contingencies. Deposit, proof of funds and agreement to be bound by purchase agreement to be delivered to counsel for Trustee at 333 South Grand Avenue, Suite # 3400, Los Angeles, CA 90071. Our Bankruptcy Division is pleased to present this unique Land Opportunity located in the San Fernando region of Los Angeles located at 9277 Elben Place. Sun Valley, CA 91352 zoned for Agricultural and Single Family Residence use. The site consists of the following vacant land parcels (APN # 2545-022-002, APN # 2545-022-003, and APN # 2245-022-004) totaling approximately 60.88 acres. The lots are zoned LAA1 (Light Agricultural) permitting the following uses: Single Family Residences, Crops (field, tree, bush, berry, row and nursery stock), Greenhouses, Livestock: raising of cattle, horses, sheep, goats, birds, etc. (BUYER TO VERIFY). The property is located in the Sun Valley region of Los Angeles which is at the base of the Verdugo mountains directly from La Tuna Canyon Rd. The lots are located just northwest of the city of Burbank, south of Shadow Hills, and just west of Panorama City in close proximity to the 210 and 5 Freeways. 1. Bankruptcy Court Sale Subject to Court Overbid and Approval Process 2. All Offers are Subject to an Overbid Process 3. Bankruptcy Court Case # 2:20-bk-13673-SK 4. Property is being Sold AS-IS, WHERE-IS without Representation or Warranties
    Exterior Features

    View City LightsCanyonHillsMountain(S)PanoramicValleyTrees/Woods View YN Yes

    Property Features

    Listing Agreement Exclusive Right To Sell Listing Service Full Service Senior Community YN No Special Listing Conditions AuctionBankruptcy Property Zoning Laa1

    Listing provided courtesy of Derrick Vartanian of Keller Williams Silicon Beach and Jonathan Prakash of Keller Williams Silicon Beach


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-25T19:28:19.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
     
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    ERA CARLILE Realty Group
    1860 Howe Avenue, Suite 100
    Sacramento CA, 95825