Bank Owned · Auction Format · MLS# BB24210718

809 N Detroit St

$1,260,000 · Los Angeles, CA 90046
3Bedrooms
3Bathrooms
1,699Sq Ft
2018Year Built
2Car Garage
The Opportunity

2018 construction, bank owned and tenant occupied

809 N Detroit is a 2018 detached single family home in the small lot subdivision on Detroit Street, a stone, wood, and stucco contemporary three levels tall. Three bedrooms, three bathrooms, 1,699 square feet, and two garage spaces per CRMLS.

The property is bank owned and offered through an auction format sale, sold strictly as is. The property is tenant occupied and is sold subject to the existing tenancy. Property in the City of Los Angeles may be subject to the Just Cause Ordinance and California AB 1482. Buyers independently verify which tenant protections apply to this address, and their own obligations under them, with their agent, counsel, and advisors. Year built is 2018 per CRMLS; condition is not warranted by the seller and is for the buyer to inspect.

List Price
$1,260,000
Sale Type
REO, auction
Bedrooms
3
Bathrooms
3
Living Area
1,699 SF (CRMLS)
Year Built
2018
Lot Size
1,349 SF (MLS)
Garage
2 spaces (CRMLS)
View
City
Occupancy
Tenant occupied
Structure
Detached SFR
MLS#
BB24210718
Why Investors Look Here

The investor case

01

2018 Construction

Built in 2018 per CRMLS, among the most recently built assets in the Empower REO book. The seller does not warrant condition; buyers inspect and underwrite condition themselves.

02

Two Car Garage

Two garage spaces per the CRMLS listing. Confirm the parking configuration and its condition through your own diligence.

03

Detached, Fee Simple

An individually owned detached single family home in a small lot subdivision, not a condominium. You own the structure and the parcel.

04

City Views

Elevated three level layout with city views per the CRMLS listing, a differentiator against the flatter product nearby.

05

Tenant Occupied

The property is tenant occupied and is sold subject to the existing tenancy. Property in the City of Los Angeles may be subject to the Just Cause Ordinance and California AB 1482. Buyers independently verify which tenant protections apply to this address, and their own obligations under them, with their agent, counsel, and advisors.

06

Los Angeles 90046

Hollywood adjacent Los Angeles, near the Melrose corridor. Buyers verify zoning, permitted use, and any rent or resale assumptions for this address through their own diligence.

How To Buy

Auction format, plainly stated

What buyers should know

  • The property is bank owned (REO) and sold strictly as is, where is. The seller makes no repairs and does not warrant condition.
  • Offers are submitted online at www.auction.com for the duration of the auction. Registration to bid is available on the property's Auction.com listing page.
  • A buyer premium and a technology fee apply per the current Auction.com terms. The buyer's agent is responsible for a $175 Pyramid technology fee, plus applicable sales tax. Confirm all current amounts on the Auction.com listing before bidding.
  • A buyer cannot represent themselves in the purchase and collect a broker commission, whether as an individual or through an entity.
  • The property is tenant occupied and is sold subject to the existing tenancy. Property in the City of Los Angeles may be subject to the Just Cause Ordinance and California AB 1482; buyers independently verify applicability and their own obligations with their agent, counsel, and advisors.
  • Cash and financed offers are both considered; contact the listing broker for the current Auction.com link, terms, and access.
For Investors

This is one asset. See the whole pipeline.

Empower manages a recurring inventory of bank owned assets across Southern California. Registered investors see what is coming to market before it lists and get the first call on assets matching their criteria.

Inquire

Showings and auction details

Contact the listing broker for the current Auction.com link, terms, occupancy disclosure, and access.

ES
Ed Sanchez
Broker / Owner · Empower Real Estate
DRE #01293683 · (818) 848-3637
ed@empowerburbank.com

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