Seal Beach - Beach Property For Sale #5112696

Ch. 7 BK TRUSTEE SEEKS TO SELL THE PROPERTY SUBJECT TO OVERBID ON NOVEMBER 7th, 2024 at 1:00PM, Courtroom 1639, 255 East Temple Street, Los Angeles, CA 90012. Minimum Overbid Shall Be $4,175,000. Subsequent Overbids in Increments of No Less Than $10,000. 48 Hours Prior to the Hearing, Overbidder Must Submit to Trustee's counsel 1) Cashier's Check for $125,250.00, 2) Confirm in Writing that they Received a Copy of the Motion and accepts the Terms and Conditions of the Sale set forth in the Sale Agreement, and 3) Evidence that Overbidder Has the Financial Wherewithal to close. Fantastic triplex opportunity on the sand! This updated multi-family property offers an unparalleled blend of luxury, location, and lifestyle. Boasting oceanfront balconies and a back deck, you'll enjoy views & ambiance from each unit. The first floor unit consists of three bedrooms; the primary bed with en suite has sliding glass doors opening directly to your deck with views, steps from the sand. The hallway full bath is shared by the other two spacious bedrooms with an updated half bath off the formal entry. This spacious & updated unit includes European-style kitchen cabinetry and high-end Miele appliances, a combo steam convection oven and an induction pressure cooktop. The kitchen seamlessly connects to the dining & family room with large sliding glass doors allowing for plenty of natural light. Additional highlights include a Miele wine fridge along the hallway, in unit W/D & automatic curtains. Both upstairs 2+1 units are updated with newer stainless-steel appliances. Noteworthy amenities of this coastal haven include 3 side-by-side garage spaces off the alley, onsite laundry facilities, central AC and close proximity to the iconic Seal Beach Pier & Main Street. Whether you're an investor seeking a profitable opportunity or an owner-occupant craving a coastal retreat, this property is sure to exceed your expectations, providing supreme relaxation and breathtaking sunset vistas. ANNOUNCEMENT: Winter Sand Berm construction beginning Monday, October 21, 2024 and continues through mid- Nov. link: LISTED BY ORDER OF U.S. BANKRUPTCY COURT. SALE IS SUBJECT TO COURT CONFIRMATION AND OVERBID.