1. No category

CITY OF LOS ANGELES
DEPARTMENT OF GENERAL SERVICES
REAL ESTATE SERVICES DIVISION
3:00 PM
CITY HALL, ROOM 350
BOARD OF PUBLIC WORKS BOARD ROOM
200 NORTH SPRING STREET
LOS ANGELES, CA 90012
Web site – http://gsd.lacity.org/asset/surplus.htm
The auction will begin promptly at 3:00 PM
ADVANCE REGISTRATION is MANDATORY beginning
June 1 to 22, 2015
9:00 a.m. - 5:00 p.m.
Kennedy Wilson
9701 Wilshire Blvd., Suite 700
Beverly Hills, CA 90212
Call Kennedy Wilson at (310) 887-6225 for more details.
Visit the website at
http://gsd.lacity.org/asset/surplus.htm
for more information.
SURPLUS PROPERTY AUCTION - BIDDER REGISTRATION FORM
Thursday, June 25, 2015
Property Address: ___________________________________________________________
Parcel No. _________________________________________________________________
Bidder Information:
Name: ______________________________________________________________________
(Print)
Last Name
First Name
Middle Initial
Address:
Email Address:
Telephone Number:
Cell Phone Number: __________________
Driver’s License / I.D. Number:
Are you representing yourself?
(If NO, complete below)
Yes
No
I represent:
Relationship:
========================================================================
(To be completed by KW/GSD Staff)
Deposit: $______________ Check No.
Bank:
Bidder’s Paddle Number: _______________________________________________________
Complete Next Page
Page 1 of 2
PART I: GENERAL INFORMATION
THE VESTING NAME(S) THE PROPERTY WILL BE RECORDED AS OWNER(S):
(Print Clearly)
__________________________________________________________________________________
(Print Clearly)
MAILING ADDRESS: _______________________________________________________________
__________________________________________________________________________________
(City, State, Zip)
AGENT: ___________________________________ PHONE: _______________________________
Fax No.: ______________________________ E-mail Address: ______________________________
PART II: Put an “X” on How TITLE IS TO BE VESTED
(Vesting information cannot be changed after you have registered.)
a Single Man
a Single Woman
a Married Man
a Married Woman
a Widower (Man)
a Widower (Woman)
an Unmarried Man
an Unmarried Woman
a Married Man as his sole and separate
property
a Married Woman as her sole and separate
property
Husband and Wife as Joint Tenants
(requires both signatures)
A Public Agency
as Tenants in Common
(all parties requires signatures)
a Corporation & Limited Liability Corporation
(requires certified order from the governing body
giving the authority to register/vest and purchase
property)
(require Articles of Incorporation & notarized
order by authorized members of Board of Directors giving
authority to register/vest and purchase property)
Other:
I have read and agree to the Notice of Sale. I understand that bidding is subject to Registration and
Bidding Terms and Conditions
SIGNATURE: ________________________________________________________________
Page 2 of 2
LIQUIDATED DAMAGES - CIVIL CODE SECTION 1671
ORDINANCE NO. 183564
COUNCIL FILE NO. 15-0430
AUCTION DATE: June 25, 2015
BIDDER NO. ________________
ADDRESS: _____________________________________________________________________
APN:
PARCEL NO. ______________________
DEPOSIT: $ _______________ _____________
CHECK NO. ________________________
AT SUCH PUBLIC AUCTION SALE, NO BID WILL BE CONSIDERED A SUM LESS THAN THE
MINIMUM PRICE SPECIFIED IN THE NOTICE OF SALE FOR EACH PARCEL AND NO BID
WILL BE CONSIDERED UNLESS THE BIDDER, PRIOR TO THE HOLDING OF SUCH
AUCTION, DEPOSIT WITH THE CITY, AT LEAST TEN PERCENT (10%) OF THE MINIMUM BID
OR $10,000.00 WHICHEVER IS LESS.
WITHIN 10 WORKING DAYS FROM THE AUCTION DATE, BIDDER SHALL MAKE AN
ADDITIONAL DEPOSIT TO MAKE THE TOTAL DEPOSIT EQUAL TO TEN PERCENT (10%) OF
THE PURCHASE PRICE, IN THE FORM OF CASHIER’S CHECK OR CERTIFIED CHECK, AS A
GUARANTEE THAT THE PERSON MAKING SUCH BID WILL PURCHASE AND PAY FOR THE
ABOVE PROPERTY. NO OTHER FORM OF PAYMENT WILL BE ACCEPTED.
UPON THE TERMS AND CONDITIONS HEREIN SPECIFIED, AND THE DEPOSIT INCLUDING
ANY INTEREST PAYMENT MADE BY ANY BIDDER TO WHOM THE PROPERTY HAS BEEN
CONFIRMED SOLD SHALL BE RETAINED BY THE CITY AS LIQUIDATED DAMAGES FOR
THE FAILURE TO COMPLETE SAID PURCHASE.
THE UNDERSIGNED HAS READ, UNDERSTANDS, AND AGREES TO THE LIQUIDATED
DAMAGES PROVISION STATED ABOVE.
_____________________________________
PRINT NAME
______________________________
DEPT. OF GENERAL SERVICES
REAL ESTATE SERVICES
_______________________________________________________________________________
SIGNATURE
DATE
---------------------------------------------------------------------------------------------------------------------------FOR UNSUCCESSFUL BIDDERS: By signing below, I hereby acknowledge that the DEPOSIT for
the above property was RETURNED AND RECEIVED.
_________________________________________________________________________________
SIGNATURE
PRINT NAME
DATE
CITY OF LOS ANGELES
DEPARTMENT OF GENERAL SERVICES
REAL ESTATE SERVICES DIVISION
SURPLUS PROPERTY AUCTION
DATE OF AUCTION:
THURSDAY, JUNE 25, 2015
LOCATION:
CITY HALL, ROOM 350
PUBLIC WORKS HEARING ROOM
200 N. SPRING STREET
LOS ANGELES, CALIFORNIA 90012
TIME:
3:00 PM
REGISTRATION:
Any person wishing to bid must pre-register. ADVANCE
REGISTRATION IS MANDATORY, beginning
Monday, June 1, 2015 through Monday June 22, 2015,
at Kennedy Wilson, 9701 Wilshire Blvd., Suite 700, Beverly Hills,
CA 90212, from 9:00 a.m. to 5:00 p.m.
DEPOSIT:
Upon registration, each bidder must provide a good faith deposit of
ten percent (10%) of the minimum bid or $10,000.00 whichever is
less, for each parcel. A pre-numbered paddle will be given to each
registered bidder, which must be used to indicate a bid at the
auction. A $10.00 fee will be charged for replacing lost bidder
paddle. The deposit will be applied to the purchase price of the
successful, winning bidder. For all other bidders, the deposit will
be returned after the auction. Only CASHIER’S CHECKS, OR
CERTIFIED BANK CHECKS made payable to the City of Los
Angeles will be accepted. NO EXCEPTIONS.
SUCCESSFUL BIDDER:
An additional deposit is required within 10 working days from
the date of the auction to make the total deposit equal to ten
percent (10%) of the purchase price. Said deposit(s) shall
constitute a guarantee that in the event the offer of purchase is
accepted, the person making said offer will complete the purchase
according to the terms and conditions herein specified. In the
event the said offer is accepted and the purchase is completed
according to the terms and conditions thereof, the said deposit(s)
shall be credited and applied on account of the purchase price.
However, in the event the offer is rejected, the deposit(s) shall be
returned to the bidder.
In the event said offer to purchase is accepted but not completed
and failure in that regard is not caused by any act of, or omission
of the City or any of its representatives, said deposit(s) shall be
retained by the City as liquidated damages for the failure to
complete said purchase and for all costs and expenses incurred
for the necessary proceedings incidental to acceptance of the offer.
Bidders who do not complete the purchase will be prohibited from
bidding in future auctions for a period of one year.
MINIMUM BID
The minimum bid for each parcel is shown on this Auction
Brochure and on the Ordinance and Notice of Sale. The properties
will be sold in the order they appear in this brochure and the
Notice of Sale. Persons wishing to bid on more than one
property must register and deposit the required amount for
each property.
Bidding will be in increments of no less than $1,000.00 from the
minimum opening bid. The auctioneer shall have the discretion of
changing the increments at any time during the auction.
TERMS AND
CONDITIONS
OF SALE:
Please refer to the Ordinance and Notice of Sale of Real Property
at Public Auction in this brochure. This is an ALL CASH
transaction. No financing is available through the City of Los
Angeles.
The properties for sale are offered in “AS IS” condition. All
bidders, by bidding on the properties are, by such act, expressly
agree to purchase the property in an “AS IS” condition and
without warranty as to fitness for use, fitness for a particular use,
or condition of the properties, and that the City has no obligation to
correct any condition of the properties, whether known before or
after the date of the auction. The City is not responsible for any
required clean-up, including but not limited to, the removal of
debris or weeds.
For property disclosures, please refer to Exhibit 1, Notice of
Sale-Property Description. Any environmental reports, disclosure
letters, preliminary title reports, etc. for each parcel is available
for review with the Department of General Services, Real Estate
Services Division, 111 E. First Street, Suite 201, City Hall South,
Los Angeles, California 90012, during the hours of 10:00 AM to
3:00 PM, from Monday, June 1, 2015 through Monday, June 22,
2015. Disclosures are also available on the GSD website at
http://gsd.lacity.org/res/surplus.htm.
Should no acceptable bid be received or should the sale not be
completed on a property described in the Ordinance, said property
may be re-offered for sale pursuant to the Ordinance to the second
highest bidder at the second highest bid amount, and if the second
highest bidder fails to complete the sale and/or comply with the
conditions of the sale, to the third and then to the fourth highest
bidders, at the third and fourth bid amount, upon the same terms
and conditions specified in the Ordinance and Notice of Sale
without further order or permission of the Council.
OPEN HOUSE:
Open House is scheduled on the following dates:
Tuesday, June 2, 2015
Sunday, June 7, 2015
Saturday, June 20, 2015
15329 De Pauw: 1:30 PM – 4:00 PM (for all of the dates)
15333 De Pauw: 1:30 PM – 4:00 PM (for all of the dates)
*Inspection anytime for the vacant lots
PROCESSING TIME:
Estimated to be 60 days from the date of auction. The full balance
of the purchase price and associated costs shall be paid on or
before a date that is three months after the successful bidder has
been notified by the Department of General Services, Real Estate
Services Division, that the sale has been confirmed. If payment is
deferred for more than two (2) months after the notice confirming
the sale, interest at one (1) percent per month or fraction thereof
should be charged for each month or fraction thereof in excess of
two months. In the event buyer cannot complete the purchase, the
deposit shall be retained by the City.
Buyer shall pay ALL recording fees, documentary transfer fees,
one half (1/2) of escrow fees, policy of title insurance, messenger
fees, broker’s commission, if any, taxes, application, other real
estate transaction fees, and personal taxes where applicable.
Should the successful bidder desire a survey of the property,
termite inspection and any other type of inspections, these can be
done by an independent surveyor and/or inspectors at the bidder’s
expense. The title and escrow companies used for the sale of all
properties shall be at the sole discretion of the City of Los Angeles.
COMMISSION:
The City of Los Angeles does not pay any real estate or broker
commission.
QUESTIONS OR
FURTHER
INQUIRIES
All inquiries to review reports and/or disclosures relative to the
properties and the proposed sale, please contact:
Kennedy Wilson
9701 Wilshire Blvd., Suite 700
Beverly Hills, CA 90212
(310) 887-6225
or
City of Los Angeles, Department of General Services
Real Estate Services Division
111 E. First Street, Room 201, City Hall South
Los Angeles, CA 90012
(213) 922-8547, (213) 922-8545, (213) 922-8558
Web site – http://gsd.lacity.org/asset/surplus.htm
Parcel No. 1
Location:
15206 Earlham Street
Pacific Palisades, CA 90272
APN: 4412-027-902
CD 11
Zone
RD1-1
Approximate Size /
Minimum Bid
Description
$1,325,000.00
10,341 ± sq ft
With a one-story 1,656
sq ft single-family
residence built in 1948,
2 BR/2 BA
Parcel No. 2
Location:
15205 De Pauw Street
Pacific Palisades, CA 90272
APN: 4412-027-900
CD 11
Zone
RD1-1
Approximate Size /
Description
10,230 ± sq ft
Minimum Bid
$1,325,000.00
Parcel No. 3
Location:
15209 De Pauw Street
Pacific Palisades, CA 90272
APN: 4412-027-901
CD 11
Zone
RD1-1
Approximate Size /
Description
10,187 ± sq ft
Minimum Bid
$1,325,000.00
Parcel No. 4
Location:
15213 De Pauw Street
Pacific Palisades, CA 90272
APN: 4412-028-902
CD 11
Zone
RD1-1
Approximate Size /
Description
10,312 ± sq ft
Minimum Bid
$1,325,000.00
Parcel No. 5
Location:
15217 De Pauw Street
Pacific Palisades, CA 90272
APN: 4412-028-900
CD 11
Zone
RD1-1
Approximate Size /
Description
9,710 ± sq ft
Minimum Bid
$1,325,000.00
Parcel No. 6
Location:
15329 De Pauw Street
Pacific Palisades, CA 90272
APN: 4412-011-902
CD 11
Zone
RD1-1
Approximate Size /
Description
8,154 ± sq ft with one-story
1,578 sq ft single-family
residence built in 1948
3 BR/1 BA
Minimum Bid
$1,325,000.00
Parcel No. 7
Location:
15333 De Pauw Street
Pacific Palisades, CA 90272
APN: 4412-011-901
CD 11
Zone
RD1-1
Approximate Size /
Description
8,432 ± sq ft with one-story
1,902 sq ft single-family
residence built in 1948
2 BR/2 BA
Minimum Bid
$1,325,000.00
EXHIBIT I
NOTICE OF SALE PROPERTY DESCRIPTION
2015 AUCTION
Property(ies) sold in this auction is subject to any exception(s)as disclosed herein for each property. In
addition, all properties offered for sale in this auction are subject to the following, including but not
limited to.
EXCEPTING AND RESERVING unto the City of Los Angeles all oil, gas, water, and mineral rights now
vested in the City of Los Angeles without, however, the right to use the surface of said land or any
portion thereof to a depth of 500 feet below the surface, for the extraction of such oil, gas, water and
minerals.
SUBJECT TO covenants, conditions, restrictions, reservations, easements, encroachments, rights, and
rights-of-way of record or which are apparent from a visual inspection of the real property(ies) and
excepting and reserving to the City of Los Angeles any interest in the fee to the adjacent street(s) which
would otherwise pass with the conveyance of the above described parcel(s) of land.
ALSO SUBJECT TO sale “As Is” condition, and purchaser purchasing the City owned property(ies), by
such act, expressly agreeing to purchase the property(ies) in an “As Is” condition and without any
warranty as to fitness for use, fitness for a particular use, or condition of the property(ies), and that the
City has no obligation to correct any condition of the property(ies), whether known before or after the
date of the sale.
RELEASE. Effective from and after the Closing, Buyer hereby waives, releases, acquits, and forever
discharges Seller, and Seller’s agents, officials, officers, boards, employees, contractors, and agents to the
maximum extent permitted by law, of and from any and all claims, actions, causes of action, demands,
rights, liabilities, damages, losses, costs, expenses, or compensation whatsoever, direct or indirect, known
or unknown, foreseen or unforeseen, that it now has or that may arise in the future because of or in any
way growing out of or connected with this Agreement and the Property (including without limitation the
Condition of the Property). This release includes all liability under any federal, state, or local statute,
ordinance, rule, or regulation applicable to the property, including, without limitation, the Comprehensive
Environmental Response, Compensation, and Liability Act of 1980, as amended (Title 42 United States
Code §§9601-9675), the Resource Conservation and Recovery Act of 1976 (Title 42 United States Code
§§6901-6992k), the Carpenter-Presley-Tanner Hazardous Substance Account Act (Health and Safety
Code §§25300-25395.45), and the Hazardous Waste Control Law (Health and Safety Code §§2510025250.28). BUYER EXPRESSLY WAIVES ITS RIGHTS GRANTED UNDER CALIFORNIA CIVIL
CODE §1542 AND ANY OTHER PROVISION OF LAW THAT PROVIDES A GENERAL RELEASE
DOES NOT EXTEND TO CLAIMS THAT BUYER DOES NOT KNOW OR SUSPECT TO EXIST IN
ITS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY IT MUST
HAVE MATERIALLY AFFECTED ITS AGREEMENT TO RELEASE SELLER.
The City of Los Angeles makes no warranty with respect to location, size, description of improvements or
zone set out in the Notice of Sale of the property(ies) herein described; such data being set forth for
information only and is not, and shall not be deemed to be part of the description(s) by, or conditions of,
which such property(ies) will be offered for sale or sold. The City makes no representation or warranty
whatsoever as to the condition or usability of the property(ies), the presence of any defects, whether
apparent or hidden, or the fitness of the property(ies) for use, or its/their fitness for a particular use.
Prospective bidders/buyers are further urged to investigate any development problems issues associated
with the property(ies), including but not limited to, Building and Safety records, geology, site grading,
street access, drainage, availability of sewer and other public utilities.
The sale of these properties may be subject to the following statutory disclosures, which include the
following:
1.
Airport Influence Area Disclosure (Civil Code Section 1102.6a)
Certain parcels may be within two statutes miles of an airport, including the Los Angeles International
Airport, Santa Monica Airport, or Burbank-Glendale-Pasadena Airport.
2.
Notice of Your Supplemental Property Tax Bill (Civil Code Section 1102.6c)
California property tax law requires the Assessor to revalue real property at the time the ownership of the
property changes. Because of this law, you may receive one or two supplemental tax bills, depending on
when your loan closes.
The supplemental tax bills are not mailed to your lender. If you have arranged for your property tax
payments to be paid through an impound account, the supplemental tax bills will not be paid by your
lender. It is your responsibility to pay these supplemental bills directly to the Tax Collector.
If you have any question concerning this matter, please call your local Tax Collector's Office.
3.
Transfer Fee Disclosure (Civil Code Section 1102.6e)
The sale and transfer of the properties is subject to a transfer fee, as defined in Section 1098. The
payment of a transfer fee is required upon transfer of the property. Upon open of escrow, notice will be
given to the buyer of the amount of the fee required for the asking price of the real property, the entity to
which funds from the fee will be paid, if available, the purposes for which funds from the fee will be used
and the date or circumstances under which the obligation to pay the transfer fee expires, if any.
4.
Real Estate Transfer Disclosure Statement: Disclosures Upon Transfer of Residential Property
A Real Estate Transfer Disclosure Statement (TDS) describing the condition of a property will be
provided to the buyer as soon as practicable and before transfer of title and/or close of escrow.
Buyer will be provided, where applicable, a copy of the following documents and/or brochures for
information and/or signature: (1) Buyer’s Inspection Advisory, (2) protect Your Family From Lead in
Your Home, (3) A Brief Guide to Mold, Moisture, and Your Home, (4) Environmental Hazards: A Guide
for Homeowners, Buyers, Landlords and Tenants (The Homeowners Guide to Earthquake Safety), (5)
Commercial Property Owner’s Guide to Earthquake Safety, (6) Smoke Detector Statement of
Compliance, (7) Water Heater Statement of Compliance, (8) Seller’s Affidavit of Non-Foreign Status
and/or California Withholding Exemption, (9) Lead-Based Paint Hazard Disclosure, and (10)
Supplemental Statutory and Contractual Disclosures.
PARCEL NO. 1
Location:
Approximate Size
Zone
Minimum Bid
15206 Earlham Street
10,341 +/- sq. ft.
R1-1
$1,325,000
Pacific Palisades, CA 90272
with a one-story 1,656 sq. ft.
APN 4412-027-902
single-family residence built in
CD 11
1948, 2 BR/2 BA
DESCRIPTION:
Lot 2, in Block 19, Tract No. 9300 in the City of Los Angeles, County of Los Angeles, State of California, as per
Map recorded in Book 125, pages 55 to 78 inclusive, of Maps, in the office of the County Recorder of said
county. Except all oil, gas, minerals and other hydrocarbon substances below a depth of 500 feet but without the
right of surface entry, reserved by deed recorded October 28, 1986 as instrument no. 86-1451370, Official
Records.
PARCEL NO. 2
Location:
Approximate Size
Zone
Minimum Bid
15205 DePauw Street
10,230 +/- sq. ft.
R1-1
$1,325,000
Pacific Palisades, CA 90272
Vacant Lot
APN 4412-027-900
CD 11
DESCRIPTION:
LOT 5 IN BLOCK 19 OF TRACT 9300, IN THE CITY OF LOS ANGELES, IN THE COUNTY OF LOS
ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 125 PAGE 55 TO 78
INCLUSIVE OF MAPS, IN THE OFFICE OF THE LOS ANGELES COUNTY RECORDER
PARCEL NO. 3
Location:
Approximate Size
Zone
Minimum Bid
15209 DePauw Street
10,187 +/- sq. ft.
R1-1
$1,325,000
Pacific Palisades, CA 90272
Vacant Lot
APN 4412-027-901
CD 11
DESCRIPTION:
LOT 6, IN BLOCK 19, TRACT NO. 9300 IN THE CITY OF LOS ANGELES, COUNTY OF LOS ANGELES,
STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 125, PAGES 55 TO 78 INCLUSIVE, OF
MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPT ALL OIL, GAS,
MINERALS AND OTHER HYDROCARBON SUBSTANCES BELOW A DEPTH OF 500 FEET BUT
WITHOUT THE RIGHT OF SURFACE ENTRY, RESERVED BY JOSEPH P. CLEARY AND MARY ANN
CLEARY, HUSBAND AND WIFE, AS JOINT TENANTS BY DEED RECORDED MARCH 26, 1985 AS
INSTRUMENT NO. 85-324238, OFFICIAL RECORDS.
PARCEL NO. 4
Location
Approximate Size
Zone
Minimum Bid
15213 DePauw Street
10,312 +/- sq. ft.
R1-1
$1,325,000
Pacific Palisades, CA 90272
Vacant Lot
APN 4412-028-902
CD 11
DESCRIPTION:
LOT 7, IN BLOCK 19, TRACT NO. 9300 IN THE CITY OF LOS ANGELES, COUNTY OF LOS ANGELES,
STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 125, PAGES 55 TO 78 INCLUSIVE, OF
MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPT ALL OIL, GAS,
MINERALS AND OTHER HYDROCARBON SUBSTANCES BELOW A DEPTH OF 500 FEET BUT
WITHOUT THE RIGHT OF SURFACE ENTRY, RESERVED BY EDDIE MEDORA AND JOANN
MEDORA, HUSBAND AND WIFE AS JOINT TENANTS IN DEED RECORDED MARCH 20, 1985 AS
INSTRUMENT NO. 85-303036, OFFICIAL RECORDS.
PARCEL NO. 5
Location:
Approximate Size
Zone
Minimum Bid
15217 DePauw Street
9,710 +/- sq. ft.
R1-1
$1,325,000
Pacific Palisades, CA 90272
Vacant Lot
APN 4412-028-900
CD 11
DESCRIPTION:
LOT 8, IN BLOCK 19, TRACT NO. 9300 IN THE CITY OF LOS ANGELES, COUNTY OF LOS ANGELES,
STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 125, PAGES 55 TO 78 INCLUSIVE, OF
MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPT ALL OIL, GAS,
MINERALS AND OTHER HYDROCARBON SUBSTANCES BELOW A DEPTH OF 500 FEET BUT
WITHOUT THE RIGHT OF SURFACE ENTRY, RESERVED BY KENT LAND, AN UNMARRIED MAN
BY DEED RECORDED NOVEMBER 27, 1984 AS INSTRUMENT NO. 84-1390931, OFFICIAL RECORDS.
PARCEL NO. 6
Location:
15329 DePauw Street
Pacific Palisades, CA 90272
APN 4412-011-902
CD 11
Approximate Size
8,154 +/- sq. ft.
with a one-story 1,578 sq.
ft. single-family residence
built in 1948,
3 BR/1 BA
Zone
R1-1
Minimum Bid
$1,325,000
DESCRIPTION:
Lot 8, in Block 20, Tract No. 9300 in the City of Los Angeles, County of Los Angeles, State of California, as per
Map recorded in Book 125, pages 55 to 78 inclusive, of Maps, in the office of the County Recorder of said
county.
Except all oil, gas, minerals and other hydrocarbon substances below a depth of 500 feet but without the right of
surface entry, reserved by deed recorded February 10, 1987 as instrument no. 87-191408, Official Records.
PARCEL NO. 7
Location:
15333 DePauw Street
Pacific Palisades, CA 90272
APN 4412-011-901
CD 11
Approximate Size
8,432 +/- sq. ft.
with a one-story 1,902 sq.
ft. single-family residence
built in 1948, 2 BR/2 BA
Zone
R1-1
Minimum Bid
$1,325,000
DESCRIPTION:
Lot 9, in Block 20, Tract No. 9300 in the City of Los Angeles, County of Los Angeles, State of California, as per
Map recorded in Book 125, pages 55 to 78 inclusive, of Maps, in the office of the County Recorder of said
county. Except all oil, gas, minerals and other hydrocarbon substances below a depth of 500 feet but without the
right of surface entry, reserved by deed recorded March 20, 1985 as instrument no. 85-303038, Official Records.
THE FOLLOWING DISCLOSURES RELATES TO THE ABOVE PROPERTIES:
Please refer to Geotechnical Real Estate Report dated May 15, 2014 and Zoning
Information File No. 2422 – Portrero Canyon for the above properties.
A copy of the report is available for review in the offices of the Real Estate Services
Division, Department of General Services (GSD), Room 201 City Hall South, 111 E. First
Street,
Los
Angeles,
CA
90012
and
in
the
GSD
website
at
http://gsd.lacity.org/res/surplus.htm