Wilmington, CA 90744,Address not disclosed
$344,500
Est. payment /mo
$344,500
Est.Price: ?

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4,000 SqFt
SOLD DATE : 01/13/2012

Key Details

Sold Price $344,500

Property Type Commercial

Sub Type Special Purpose

Listing Status Sold

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $86

MLS Listing ID CC316672

Sold Date 01/13/12

HOA Y/N No

Year Built 2006

Lot Size 0.275 Acres

Acres 0.275

Property Description

1. The Government will market and sell the property with the following restrictions: a. The property cannot be used as a motel or any other type of habitation or dwelling of any kind, or as any tope of adult entertainment establishement, for a period of (5) years from the date of transfer of the property to the purchaser; and b. The motel which currently exists on the property must be demolished by the purchaser or his/her/its agent or assignee. Demolition must commence with in six (6) months of the date of transfer of the property, and be completed within one (1) year of the same date. 2. The Government will enforce the restrictions in Paragraphs (a) and (b), supra, via express terms in the contract of sale through kanguage that will survive the deed..

Location

State CA

County Los Angeles

Area 196 - East Wilmington

Interior

Fireplace No

Building

Story 1

Others

Tax ID 7426018028

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California Regional MLS (CRMLS)
Listed by Paul Cargile • Cargile & Company
Bought with Paul Cargile • Cargile & Company

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Todd McIntosh

+1(310) 770-8626

Agent | License ID: 01472763

Agent License ID: 01472763

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