$344,500
$344,500
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Address not disclosed Wilmington, CA 90744
4,000 SqFt
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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Bought with Paul Cargile • Cargile & Company