525 N Kenmore Ave, Los Angeles, CA 90004, USA
Homebids Bid online at usahomebids.net. Starting Bid $999,000
Buyers and agents can bid online anytime from the beginning to the end of Homebids!
Once the seller will accept the winning bid everything follows just like in any regular sale, the buyer will go in escrow with all buyer’s contingencies and inspections time frame. For more information contact Listing Agent!
SELLER RESERVES THE RIGHT TO ACCEPT, COUNTER OR REJECT ANY BID!
Open house dates:
Buyer’s Premium 3% (built in the sales price). Buyer’s premium will be added on top of the winning bid which shall establish the final sales price. Highest Bid + Buyer’s Premium = Sales Price!
Notice to Bidders If you are one of the bidders selected by the seller, you have 24 hours to submit a purchase contract from the end of the bidding process. If you back out without submitting a purchase contract, you may be liable for a $500 withdrawal penalty fee charged to the credit card you provided for identity verification. If you did not provide us with a credit card, we may invoice you for that amount.
For information on how to get approved and bid online Click Here!
OPPORTUNITY, OPPORTUNITY, OPPORTUNITY!! This property offers six units, all rented in the heart of the city. Located near shopping, dining, 4 miles from dodger stadium, easy freeway access and so much more. Four of the units offer 2 bedrooms with 1 bath and the other two units have 1 bedroom with 1 bath. A total of 3 buildings on the property. Front building offers 4 units. Middle building offers 2 units. And back building offers 4 car garage downstairs with a bonus 2 bedroom 1 bath unit upstairs the is currently vacant. Buyer will need to verify if back unit living space is permitted. This is an auction style sale. List price is starting bid price. Online bidding ends 12/21/2021 at 6 PM. SELLER RESERVES THE RIGHT TO ACCEPT, REJECT, OR COUNTER THE HIGHEST BIDDER! Buyer’s Premium 3% (see formula). WINNING BID + BUYERS PREMIUM = SALES PRICE. For more information please contact listing agent! Once bidding has started seller can not accept any preemptive offers.
Auto Bid Option – You can bid the maximum you are willing to offer for this property. The system is designed to raise your bid in increments only as high as necessary to overbid others and only up to your maximum. Example: If current bid is $100,000 and you bid $150,000, you will become the highest bidder, but the system will raise currnet bid only to $101,000. If someone bids $102,000, the system will automatically increase your bid to $103,000 and keep you the highest bidder. If someone places a higher bid, say $120,000, the system will automatically increase your bid to $121,000 and so on. However, if someone places a bid of $151,000 or greater, they will overbid your maximum and become the highest bidder as the system will no longer increase your bid. The system will notify you of all changes via email.
Auto Bid Increment – For this property is $1,000
Bidding Auto Extend – If someone bids within 5 minutes till the end, the system will automatically extend the bidding time by 10 minutes in order to give other parcticipants a chance to respond.
Attention Winning Bidders! – If You Are The Winning Bidder: Please have your agent submit a signed purchase agreement to the seller within the time specified in “sale terms and conditions” (please see the posting details). If you do not have an agent, please Contact Us.
Information deemed reliable but not guaranteed and subject to change without notice!