Estate’s right, title, and interest in adjacent parcels of real property: (1) undeveloped land at 56311 Highway 371, Anza, California 92539; and (2) small commercial office building at 56333 Highway 371, Anza, California 92539
The Debtor proposes to sell the estate’s interest in the properties to the proposed Buyer pursuant to 11 U.S.C. § 363(b)(1) and (f) free and clear of liens, interests, claims, and encumbrances, with such liens, interests, claims, and encumbrances to attach to the sale proceeds with the same priority and rights of enforcement as previously existed. The proposed sale price is $325,000.00 (for both properties together), subject to overbid pursuant to the Overbid Procedures set forth in the Sale Motion. Sale is on an “AS-IS” and “WHERE-IS” basis, without warranties or representations. Potential purchasers seeking to submit an overbid must contact counsel for the Debtor no later than 5:00 p.m. PT on December 10, 2018 pursuant to the Bid Procedures described in the Sale Motion. Initial overbid is $330,000.00, with subsequent overbids in increments of $5,000.00. To be qualified overbidders, potential overbidders must submit to the Debtor’s counsel a deposit of $16,250 in the form of a cashier’s check at or prior to the hearing on the Sale Motion.
Method of Sale
Offer Subject to Overbid pursuant to Overbid Procedures set forth in Sale Motion.
See Sale Motion
December 12, 2018 at 10:00 a.m.
255 East Temple Street
Los Angeles, CA 90012
Judge: Honorable Sheri Bluebond
Nina Z. Javan, Counsel for Debtor in Possession
Weintraub & Selth, APC
11766 Wilshire Boulevard, Suite 1170
Los Angeles, CA 90025
T: 310-207-1494/F: 310-442-0660
In re Viken Manjikian,
Bankruptcy Case No. 2:17-bk-24801-BB