This fabulous quarter acre residential lot is located on Leadhill Drive, Elizabeth Lake, California, surrounded by many spectacular homes. The community of Elizabeth Lake borders the unincorporated community of Lake Hughes, sharing the same zip code (93532). It is located in the northern Sierra Pelona Mountains, at the edge of the western Antelope Valley and Mojave Desert. The community is at an elevation of 3,300 feet, and surrounded by the Angeles National Forest. THIS IS A BID & ASSUME AUCTION. You are bidding on the down payment and the full purchase price is $11,850. The interest rate is 8.25% and the duration of the note is 5 years. On a $1 down payment, the monthly payment would be approximately $254/month, including principal, interest and property taxes. There is no prepayment penalty to pay the note off faster. The down payment (which will be equal to the winning bid) and a deed/note preparation fee of $399 will be due within 3 business days of the auction's close and may be paid by cashier's check, wire transfer, or ZELLE. The note must be signed within 14 calendar days of the auction's close. All monies paid are nonrefundable. TIME IS OF THE ESSENCE. PROPERTY WILL BE CONVEYED VIA GRANT DEED WITH CLEAR TITLE ONCE THE NOTE IS PAID IN FULL! PLEASE MAKE SURE YOU'RE READY TO FUND THE DOWN PAYMENT BEFORE YOU BID! The following info was provided by Los Angeles County and should be verified prior to purchase.
Please research its development potential with the City and place your bid today!
Address:
LOT 45 VAC/LEADHILL DR/VIC NORTHROCK DR
ELIZABETH LK, CA 93532-0000
County:
Los Angeles
ATN Parcel Number:
3224-030-013
Legal Description:
TRACT NO 26080 LOT 45
Lot Size:
11,959 Square Feet (0.2745 Acres)
Zoning:
Vacant Land R-1 (Single-Family Residence)
Property Taxes:
Estimated $143 Annually
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Auction Disclaimer
All property is sold as is, where is, with no warranties expressed or implied. It is the duty of prospective buyers to research properties to their satisfaction prior to bidding, and a bid shall constitute a binding contract, in which the buyer is agreeing to abide by the Terms of the Auction.
Thanks for looking and good luck with your investments!
