AUCTION - Bank Owned
$1,095,000Final Bid

1251 Sweetbriar Dr
Glendale CA 91206

Single Family
Property Type
3
Beds
2.0
Baths
3,906
Sq. Ft.
P112LLI
Property ID
Listing Courtesy of: Chris Johnson

NO TRESPASSING. DO NOT DISTURB ANY OCCUPANTS!

It is a criminal offense to trespass on this property.  Please contact the listing agent for occupancy status.

Great opportunity for a Move Up Buyer, Fix and Flip or Fix and Hold Rental. Convenient access to the Glendale freeway and close to Glendale College, Down Town Glendale, Glendale Adventist Hospital, Descanso Gardens, JPL and Pasadena. A creative mind could squeeze a lot of value out of this gem!

LISTING INFORMATIONActive Closed Pending Sold Under Contract
Originating MLS:
Source MLS: Xome1

Property #
P112LLI
MLS #
219010641
Property Type
Single Family
Bedrooms
3
Municipality
County
LOS ANGELES
Bathrooms
2 Full
Lot Size
0.33 Acres
Square Feet
3,906 (approx)
Year Built
1992
Room Information
Full Baths
2

Interior Features
3
Exterior / Lot Features
3 Garage Spaces,
Chris Johnson -  - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
  • The Auctioneer may bid on behalf of the Seller up to the amount of the Reserve Price by placing successive or consecutive bids for a property or by placing bids in response to other bidders. Any such bids placed by the Auctioneer will not result in a Winning Bid.
  • There is a Buyer's Premium Fee based on a percent of the Winning Bid Amount with a minimum Fee. The Buyer's Premium will be 5 percent of the Winning Bid Amount or the Minimum Fee of $2,500 (US), whichever is greater. The payment of the Buyer's Premium fee shall be a condition of Closing.
  • Property is being offered “AS IS, WHERE IS”.
  • There are no inspection or financing contingencies.
  • The Earnest Money Deposit will be 3 percent of the Total Purchase Price or the Minimum of $3,000 (US), whichever is greater.
  • Buyer will receive a Special Warranty Deed (SWD) or equivalent.
  • Property may be subject to leasehold interests or other rights or claims of various tenants or other occupants, and Buyer may be subject to the United States Service Members Civil Relief Act, or other federal, state or local law, as applicable.
  • Buyer assumes all responsibility and liability for any occupancy, and assumes all responsibility, liability and cost of taking possession.
  • No trespassing on the property or disturbing current occupant.
  • No physical access/ability to conduct inspections prior to purchase. Buyer assumes all risk.
  • Financing Information: Not Available. Cash Purchase Only.
  • All pictures, details or descriptions of any property, condition of title, value or otherwise is provided for informational purposes only and may not represent the true and current status of the property now or at the time of sale.
  • Information is available for marketing purposes only.
  • Please contact the listing agent directly with questions or inquiries regarding this property.
  • Xome Inc. companies are affiliates of the seller and/or servicer of this property, Nationstar Mortgage LLC d/b/a Mr. Cooper.
  • Pre-Auction Offers - Offers must be submitted at least 48 hours prior to the start of the Auction Event. If the Pre-Auction offer is not accepted by the Seller before the Auction starts, it will be deemed rejected. If rejected, we encourage all buyers to bid once the Auction begins.
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Listing Courtesy of: Chris Johnson - 
Average High Rent $5,010/mo.
Average Median Rent $3,634/mo.
Average Low Rent $3,300/mo.

Rent estimates based on 60 comparable rental listings with matching bedrooms and approx. size in 2 mile radius.

Rental Data Provided by Rent Range

Purchasers are required to conduct their own due diligence and validation.

 
Monthly Yearly
Est. Cash Flow
-585.74 -7028.82
Est. Cap Rate
  3.48
Est. Cash on Cash Return
  -5.52
Est. Gross Yield
  6.65
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Time Remaining:

FINISHED

Final Bid

$1,095,000
Sold

Cash Only
Per Seller requirements, this property must be purchased with liquid funds and/or cash in hand. Winning Bidders may also use a private lender to obtain a "hard money loan" which will be considered the same as CASH.

#330 - Buyer Assisted Occupied Event

Aug 31 - Sep 03

LISTED BY

Listing Agent Chris Johnson
License Number 01501699
Phone Number +1 (805) 208 0823
Brokerage License 01885684
Managing Broker Mohamed (Omar) Omar Helmand
Managing Broker License 01456635

MAY WE ASSIST YOU?

Need some help with anything? Check out our  Frequently Asked Questions section for the answers to common questions Or contact our Customer Service department.
Auctioneer Mike Hayward
License # Auctioneer Surety Bond # SUR0034096, Xome Inc. Surety Bond # SUR0034179
Broker: Viola Robinson
Viola.Robinson@xome.com
Broker: Jonathan Cerreta
Jonathan.Cerreta@xome.com
Xome Broker: Larry White Jr.
(602) 206-1262
Courtesy:
Information is deemed reliable but is not guaranteed.
This content last refreshed on 10/22/2019 1:29 AM .Some properties which appear for sale on this web site may subsequently have sold or may no longer be available."