1775 Diamond St 301, San Diego, CA 92109

Property Description

**BUYER IN PLACE & SEEKING OVERBIDDERS FOR COURT ORDERED AUCTION. PLEASE SEE SUPPLEMENTAL REMARKS** West facing top floor corner unit at The Plaza! Upgraded and in the heart of Pacific Beach featuring vaulted ceilings, great natural light and a private patio facing the pool. Upgraded flooring, kitchen and bathroom, new paint and mini split air conditioning. 1 secured parking space. Gated complex with 24/7 security, multiple swimming pools, hot tubs, gym and tennis courts. Close to all, near the beach, bay, Kate Sessions Park, and shopping. In the action pending in U.S. District Court for the Southern District of California, Case No. 19-CV-01628-LAB-AHG, Securities and Exchange Commission v. Gina Champion-Cain, et al., notice is hereby given that the court-appointed receiver will conduct a public auction for the real property located at 1775 Diamond Street, #301, in San Diego County, California. Sale is subject to Court confirmation after the auction is held. Minimum bid price is at least $430,000. The auction will take place on October 21, 2021, at 1:30 p.m. in front of the entrance to the United States Courthouse, 221 W. Broadway, San Diego, California or as otherwise determined by the Court. To be allowed to participate in the auction, prospective purchasers must meet certain bid qualification requirements, including submitting a signed purchase and sale agreement, an earnest money deposit of $5,500, and proof of funds. All bidders must be qualified by 5:00 p.m. PT on October 18, 2021, by submitting the required materials to the receiver at 501 West Broadway, Suite 290, San Diego, California, 92101. If interested in qualifying as a bidder, please contact Geno Rodriguez, contact information in confidential remarks. All information herein deemed reliable, but not guaranteed. Square footage & year built taken from assessor's records, & room dimensions are approximate. Selling broker, agent & buyer shall verify all facts pertaining to the property, including but not limited to: condition, room dimensions, lot dimensions, lot lines, square footage, permits, taxes, financial calculations and projections, encroachments, easements, zoning, & and other restrictions. Parking spot #322. The Property is being offered as a receivership sale by a court-appointed receiver on an “where-is” basis, with no representations or warranties. Prior to closing the transaction, must obtain a Court Order approving specific sale terms. The sale is subject to a public auction if a qualified overbid is received. See attached with information on Receivership transaction. Sewer: Sewer Connected Topography: LL