Description
CH. 11 BANKRUPTCY SALE - SUBJECT TO COURT CONFIRMATION AND OVERBID - will take place July 6th, 2022 at 11:00AM, courtroom #1568, 255 E. Temple St, LA CA 90012. Accepted offer of $4,750,000. Any potential overbidder must serve debtor and counsel with an initial bid for the purchase price of $4,850,000. Any overbid must be accompanied by the deposit amount of $145,500. Bid must be received no later than two (2) business days prior to the the scheduled hearing date. A very special opportunity to build a magnificent architectural estate in Bel Air with sweeping views stretching from the canyons to the Pacific Ocean. This private and gated 1.054 acre+/- parcel is positioned ideally for the construction of your next dream estate. This captivating property will have expansive & luxurious indoor-outdoor living spaces that lead out to an infinity edged swimming pool/spa and grass yard surrounded by verdant landscaping dotted with palm trees. The lot gently slopes down from street level to a large private flat pad which will feature a front motor court with 3-car garage. The plans describe an attractive approach to the two-story home featuring a 6 foot exterior garden wall, water feature, ficus and eye-popping 24 foot +/- entry with statement staircase. The central Kitchen/Family area will be a great communal space for entertainment or quiet relaxation. The home will also include an elevator and other luxury amenities. E-mail LA1 for Linda Flora brochure. SOLD BY ORDER OF US BANKRUPTCY COURT. SALE IS SUBJECT TO COURT CONFIRMATION AND OVERBID.
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