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Map
$928,912*
●
Land -
Off Market
9277 Elben PL
SUN VALLEY, CA 91352
Studio
0 Bath
$752,000 - $918,000
Reference Base Price*
11.25%
Since Dec 1, 2021
CA-Los Angeles
Primary Model
About This Property
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
Unit Size
-
Days on Market
-
Land Size
60.88 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 25, 2021 | No longer available | - | |
No longer available | |||
Sep 16, 2021 | In contract | - | |
In contract | |||
Aug 29, 2021 | Price Decreased |
$835,000
↓ $40K
(4.6%)
|
|
Price Decreased | |||
Jul 2, 2021 | Price Decreased |
$875,000
↓ $24K
(2.7%)
|
|
Price Decreased | |||
Apr 16, 2021 | Price Decreased |
$899,000
↓ $96K
(9.7%)
|
|
Price Decreased |
Show More
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/30/2020
|
|
Loft
|
-
|
-
|
$995,000
Loft
-
|
-
-
|
-
|
Derrick Vartanian
Keller Williams Silicon Beach
|