Court Auction Information:
Date: June 3, 2022
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
FPM Vista Ridge LLC is the sole member of FPM Vista Ridge Property Owner LLC. The Interest being sold is 4.25% LLC interest. The subject site is located on the east side of Camp Bullis Road approximately 250 feet west of Interstate Highway 10. The subject improvements include a 271-unit two, three and four-story apartment complex completed in 2007. There are a total of 12 apartment buildings, which contain a total net rentable area of 272,473 square feet (per the provided rent roll), and gross building area of 277,969 square feet including the clubhouse. There are 17 floorplans consisting of one, two and three bedroom units.
If interested in more information, print and sign the Non-Disclosure Agreement, email it to Todd Wohl.
- MARKET VALUE INFORMATION TO BE PROVIDED
- THE SELLER IS THE JOSEPH MASCOLO TRUST OF 1997
- LAND SIZE OF 12.84 ACRES OR (559,310 square feet)
- CONSISTS OF A 271-UNIT TWO, THREE AND FOUR-STORY APARTMENT COMPLEXES
- A TOTAL OF 12 APARTMENT BUILDINGS
- 17 FLOORPLANS CONSISTING OF A ONE, TWO AND THREE BEDROOM UNITS
- 272,473 SQ FT OF RENTABLE AREA
- GROSS BUILDING AREA OF 277,969 SQ FT INCLUDING THE CLUBHOUSE