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Bankruptcy Auction - 33-Unit Apartment Building

Market Price

1829 Tamarind Avenue, Los Angeles, CA 90028

Active
Last Updated: 05/22/2025

17,093 sqft

Building Size

18,513 sqft

Lot Area

Details:
Building Size:    17,093 sqft
Lot Area:    18,513 sqft
Occupancy:    79%
Units:    33
Year Built:    1965
Floors:    3
Parking Spots:    33
Highlights:
  • Prime Hollywood location just south of Franklin, directly across from Scientology Celebrity Centre
  • 17,095sf total building area on 18,513sf lot
  • 33 Units with a mix of (20) singles, (9) 1BR, (3) 2BR, (1) 3BR
  • Potential for expansion/ADU
  • 33 Parking spaces behind gated entrance
  • Center courtyard and on-site laundry room
  • Walking distance to many amenities, dining and entertainment
Description:

Sale conducted by order of the United States Bankruptcy Court and under the direction of the Court-appointed Trustee, Sam Leslie as Trustee for the Chapter 7 bankruptcy estate of Marisela Montejo, case number 2:24-bk-17786-NB

Property #: TAS2507
Auction Date: June 17, 2025 – Bidding closes 11AM PT
Inspection: June 5 – 11AM – 2PM and June 12 – 11AM – 2PM
Auction Location: www.tranzon.com/TAS2507

Summary of Terms: $100,000 deposit required in order to bid; 4% Buyer's Premium; 10% total deposit within 24 hours; all sales must close within fifteen (15) days of the finality of the order confirming the sale; 1% of the high bid amount paid to properly registered cooperating broker; property sold as-is with no contingencies; sale subject to Bankruptcy Court confirmation; please see Property Information Package for complete terms of sale.

Map:
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