US Dept of the Treasury Seized Real Property Banner
Single Family Home
Seized Real Property in conjunction with IRS-CI
741 N. Formosa Avenue, Los Angeles, California 90046
741 N. Formosa Avenue, Los Angeles, California 90046
Auction: Thursday, March 10, 2016
Registration Starts: 11:00 a.m
Auction Starts: 12:00 noon
Auction Location: Held at Property Site
Open House Dates: Saturday, March 5, 10am-1pm and Wednesday, March 9, 1-4pm
Deposit: $25,000 Cashier's check made payable to CWS Marketing Group, Inc
Opening/Starting Bid: Will be established at the auction
Minimum/Reserve Bid: For details, please click here

Cashier's checks made payable to bidder's name CANNOT be accepted

Utilities: Electricity, Gas, Water, Sewer
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Parcel No: 5525-011-900
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2012 County Taxes: $4,659.00 ±
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Year Built: 1924
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Zoning: PD/Performance District
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Living Space: 1,787 ± sq. ft.
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Site Area: 7,700 ± sq. ft.
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County: Los Angeles
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Sale Number: 16-66-957
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SINGLE FAMILY HOME One level Spanish-style home with in-ground swimming pool, detached 1-car garage, separate guest house, and wrought iron fence. The 1,787 ± sq. ft. home has 3 bedrooms, 2.5 baths, kitchen, living room, dining room, and covered patio. The 504 ± sq. ft. studio-style guest house includes a bathroom. The property is located in the Melrose section of Los Angeles. Note: The detached garage has been converted into living space without permits. There are significant mold issues in portions of the home. The buyer will acknowledge they have inspected the property prior to bidding and accept the property in its current condition. The property will be sold “as is” and does not include any mold abatement, removal, or cleaning.

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