Listing is Active Effective 03/14/2019

Real Property Commonly Known as 2374 Grandeur Avenue, Altadena, CA, Free and Clear of Liens and Claims

See Motion for Terms and Conditions of Sale.

Trustee

Brad D. Krasnoff

Method of Sale

Offer Subject to Overbid

Sale Description

Pursuant to Local Bankruptcy Rule 6004-1(c), the Trustee provides the following information:

  1. The Property to be sold consists of the Trustee’s right, title and interest in real property commonly known as 2374 Grandeur Avenue, Altadena, California 91001. Title to the Property is vested in the Debtor.
  2. The terms and conditions of the sale are that the Property is being sold for $530,000 cash, “as is,” “where is,” and with no warranty or recourse whatsoever, subject to higher and better bids. There are no contingencies other than Court approval.
  3. The Trustee intends to sell the Property free and clear of all liens and claims (collectively the “Subject Liens”) as provided below, with those liens removed from the Property, and the allowed amounts of certain liens and claims to be paid through escrow, and any disputed sums to attach to like amounts of the net sale proceeds, with the same force, effect, validity and priority that they had as of the petition date as against the Property as follows:  See Motion for further Terms and Conditions of Sale.

Hearing Information

Before the Honorable Julia W. Brand

Date: April 4, 2019
Time:  2:00 p.m.
Courtroom: 1375
Place:  255 E. Temple Street
Los Angeles, CA  90012

Case Details

In re:  Solomon & King Management Group, LLC

Case No.: 2:18-bk-20379-WB