Court-Ordered Auction – Commercial Property on 9.55 Acres - Taft

 
Property Location

19329 S. Lake Rd..
Taft, CA 93268

Contact

Tranzon Asset Strategies
Debi Recher
(949) 727-9011 Ext 24
drecher@tranzon.com

Terms and conditions

Auction/Sale date and time

Documents
  • Subscription/Log in required
Property Number

TAS100310A

Property Type

Commercial Real Estate-Industrial/Warehouse

 

Court-Ordered Auction in the matter of SEC vs. PEM Group, Danny Pang et al


 


Commercial Property on 9.55± Acres



  • Office Building – 1,920± SF

  • Metal Shop Building – 1,834±SF

  • 9,000+ Lineal Feet of Rail Spur

  • Perimeter Fencing & Gates

  • West of 5 Freeway, south of Hwy 223

  • Zoned M3/PD Heavy Industrial


 


Summary of Terms: $10,000 Cashiers Check per property required in order to bid; 10% Buyer’s Premium will be charged to high bidder; 10% total deposit day of sale; buyer pays all closing costs; Seller provides title insurance; close of escrow within 30 days; 2% paid to properly registered cooperating broker; property sold as-is with no contingencies; sale subject to court confirmation; please see Property Information Package for complete terms of sale.
License # 01850659


Terms and Conditions

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Debi Recher at (949) 727-9011 or drecher@tranzon.com All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the FAQ-Frequently Asked Questions.


Buyers Premium: 10% Buyers Premium based on the high bid.
Closing: 30-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: 10% deposit with a minimum deposit of $10,000 in guaranteed funds.
Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only. Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

 
|