Online Land Auction in Los Angeles, CA!

Online Land Auction in Los Angeles, CA!

Minimum Bid ONLY $9,997! After minimum is reached auction becomes ABSOLUTE!! Seller financing available with just 50% down (balance of terms depend on buyer's credit). Up for auction is 40 x 120 parcel of land located in the Mt. Washington area of Los Angeles. It is located between the Pasadena (110) and Glendale (2) Freeways and just east of Interstate 5. Although the street doesn't physically exist the address is 3644 River View St. as per the maps from the Los Angeles County Assessor. The parcel number is 5454-020-017. It can be located on the Thomas Map Guide at 594-J4. As per the maps, River View Street intersects with Del Rio Avenue and Altamont Street. If you go to googlemaps.com and type in Del Rio and Altamont, Los Angeles, you will see the area. It is on an upsloping area. You have a nice city lights view and are less than 2 miles from Dodger Stadium. You are less than 5 miles from downtown Los Angeles. Eagle Rock and the Metro Line are also close by. On Altamont Street, one block west of the parcel, a 1638 square foot house built in 2006 sold for $531,000 in November, 2008. The address is 3616 Altamont. At 3617 Altamont a house also built in 2006 and 1374 square feet sold for $515,000 in February, 2009. Sold comps are as follows: 1) On Glenablyn Drive a 5880 square foot lot located on Thomas map 595-A5, parcel #5451-020-013 sold for $87,000 on February, 2010 2) A lot next door to 990 Nordica comprising 5793 square feet and located at Thomas map 594-J2, parcel number 5475-017-036 sold for $115,000 on June, 2010. CLICK PICTURE TO THE LEFT TO VIEW MORE PICTURES!