117 Turquoise Ave, Newport Beach, CA 92662

Property Description

THE COURT HEARING FOR THE SALE IS ON 1/27/2013 AT 10AM IN DEPARTMENT C3 AT THE ORANGE COUNTY SUPERIOR COURT. THE ADDRESS IS 700 CIVIC CENTER DRIVE WEST, SANTA ANA, CA 92701. FIRST OVERBID IS $420,500, ALL BIDDERS MUST HAVE PROOF OF FUNDS AND CASHIERS CHECKS FOR 10% OF THERE "FINAL BID" THAT ARE MADE OUT TO CARDINAL PACIFIC ESCROW………………………………………………………………………………………. WE ARE SELLING AN UNDIVIDED 1/4 INTEREST IN BUILDING AND LAND.... Deed records indicate that possession of Apartment #4 is included with the ownership interest. This needs to be verified by Buyers.” (THE LAND IS A LOT AND A HALF). Located just steps from the water this is a great deal for someone trying to own a property on Balboa Island. The unit is the upper left one and is a 1 bedroom with 1 full bathroom and is about 500 square feet, it has a remodeled kitchen, living room and a laundry room. their is plenty of parking out back. There are water views from the upper deck. This is a Probate sale that will require court approval and a 10% deposit. REMEMBER THIS IS ONLY FOR A 1/4 INTEREST IN THE BUILDING AND LAND, YOU WILL HAVE 3 OTHER OWNERS TO DEAL WITH ONCE PURCHASED (THEIR ARE NO CCR'S)...The purchase will require all cash only because it is only a 1/4 interest share.