Court Auction Information:
Date: July 11, 2022
Time: 8:30am
Dept.: 11
Stanley Mosk Courthouse, 111 N. Hill Street, Los Angeles, CA 90012
The first overbid amount for the Portfolio of 11 Partnership Interests is $2,709,500.00
Francis University Commons LLC is a 1.1282% Member and/or Tenant-in-Common in two different properties: Estancia San Miguel Apartments and Citrus Cross Shopping Center. The shopping center is located in SWC of Alosta Ave and Citrus Ave, Azusa Ca – with credit tenants such as Chipotle, Jamba Juice, Applebee’s, The Habit, Pinkberry and many other well known companies. Francis-University Commons LLC, sole member of Estancia-Francis UC LLC (35% TIC interest in Estancia at San Miguel and a 75% member of JAR-University Commons LLC which is a 75% member of Citrus Crossings Properties LLC which is the sole member of property owner, Citrus Properties Fee LLC).
RELATED DOCUMENTS
If interested in more information, print and sign the Non-Disclosure Agreement, email it to Todd Wohl.
HIGHLIGHTS
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- THE SELLER IS THE JOSEPH MASCOLO TRUST OF 1997
- LONG-TERM OWNERSHIP
- PROPERTY IS PROFESSIONALLY MANAGED
- LOCATED IN AZUSA, CA
- REGENCY 10 MOVIE THEATER AS ANCHOR TENANT
