The auction for the property at 2377 Glendon Avenue might be the chance you have been waiting for if you want to acquire a magnificent and roomy Los Angeles house. Starting at $610,000, this unfinished house is being auctioned and might be a fantastic offer for the correct buyer. The house provides five bedrooms, a spacious living area, and a superb position in one of Los Angeles’ sought-after districts. The specifics of the auction, the property itself, and all you need to know to get involved in this fantastic chance will be covered in this page.
Property Overview: 2377 Glendon Avenue, Los Angeles, CA
Home Features
You may make the roomy 3,649 square foot 2377 Glendon Avenue house your own since it is currently under construction. The house boasts these salient characteristics:
- Covering 3,649 square feet, this unfinished house provides enough of space for your family or to design your own living environment.
- The house boasts five bedrooms and five.1 bathrooms, thereby giving enough of room for everyone. Large families or those who wish to give guests privacy will find this perfect arrangement.
- Living Room and Kitchen: The house features a kitchen ready for you to personalize depending on your taste and preferences and a living room with a fireplace ideal for peaceful evenings.
- Second floor balconies let you take in the outside vistas, and a laundry room provides further convenience.
- Garage and Pool: Perfect for leisure and guest entertainment, the home also features an in-ground pool with a spa linked to two-car garage.
Though it is still under construction, if done the house may be an amazing family house or an investment property. This is a really customisable project since you will be allowed to decide how to close the space.
Property Site and Location
With a 6,750 square foot lot, the property offers enough of outside space for gardening, recreation, or other enhancements. It’s in Los Angeles, California, a city well-known for its energetic way of life, mild temperature, close access to shopping, dining, and entertainment as well as for Being designated R1/Single Family Residential, the house is perfect for personal usage as a single-family house.
Utilities and Taxes
You won’t have to bother about configuring utilities after purchase since this property is linked to basic ones including electricity, gas, water, and sewer. Typical for high-value residences in the Los Angeles County, the taxes for 2023/24 are $23,047.52. Furthermore applicable to the property is a special assessment tax of $164.00, an extra cost.
Clear Title and Ownership Transfer
The auction will offer a clear title, hence following the transaction you will have complete ownership rights. The title will be passed via a Government Deed, therefore guaranteeing appropriate resolution of all ownership and legal concerns.
Auction Details
Auction Date and Time
The sale for 2377 Glendon Avenue will be held on Thursday, February 6, 2025, from 10:00 am to 12:00 pm PT (1:00 pm to 3:00 pm ET). You can start bidding on the house for $610,000. The sale will likely be competitive, so it’s important to be prepared to bid quickly.
Bid Deposit and Requirements
To take part in the sale, you must provide a $100,000 bid deposit. You can pay with a cashier’s check made out to CWS Marketing Group, or you can send the deposit online by February 5, 2025, at 5:00 pm ET. If you want to wire the deposit, please email realproperty@cwsams.com to get the directions you need. The deposit makes sure that only serious buyers participate and will be included in your final purchase price.
Bidding Process
The sale will begin at $610,000, and each bid will increase by $2,500. Pay close attention to the sale and place your bid carefully to get the property for the best price. Since the home is a good size and in good shape, many people will probably want it. So, it’s important to be ready.
Property Condition and Terms of Sale
Sold “As-Is”
The buyer will obtain this property “as-is,” which implies it is currently unfinished. The buyer needs to complete the building and handle any fixes or issues that arise. There may also be building violations or other penalties tied to the property, which the buyer will need to handle. Think about these things before you decide to join the sale.
Inspection Details
If you wish to inspect the property before bidding, you can schedule an appointment on the following dates:
- Friday, January 17, 2025
- Saturday, January 18, 2025
- Wednesday, January 29, 2025
These days, inspections run from 11:00 am to 2:00 pm; appointments are needed. It is strongly advised that you visit the property in order to assess the state of the house and form a wise decision.
Clear Title Transfer
The winning bidder will have a clear title to the property as the auction closes, therefore eliminating any legal issues about the ownership change. A Government Deed will be used to transfer the title, therefore ensuring that the new owner has complete rights to the estate.
Why Should You Consider This Auction?
The following explains numerous reasons the 2377 Glendon Avenue sale is worthy your thought:
- With five bedrooms and five.1 bathrooms, this spacious house gives enough of area for families or future occupants.
- The house is still under construction hence you have the chance to design the house of your dreams and personalize it to fit your tastes.
- This property is in a prime position since Los Angeles is a dynamic city with plenty of facilities and possibilities.
- Investment Potential: Particularly once finished, the size of the property and its location make this a great investment chance.
- The house features an in-ground pool and spa ideal for guest relaxation and entertainment.
The 2377 Glendon Avenue auction offers a special chance to acquire a large and adaptable house right in Los Angeles, California. Starting at $610,000, this house presents significant possibilities for those prepared to make the necessary investments in finishing the building and personalizing their house. Make sure you arrange your inspection and send your bid deposit by the necessary dates; otherwise, you will miss out on the chance to bid on this interesting prospect.
You Must Visit :- Schott Auction Gallery