THIS IS A BID & ASSUME AUCTION. You are bidding on the down payment and the full purchase price is $7,500 The duration of the note is 12 months. On a $1 down payment, the monthly payment would be approximately $500/month, including principal, interest, property taxes, and servicing fee. There is no prepayment penalty to pay the note off faster.

The down payment $1500

(which will be equal to the winning bid) and a deed preparation and recording fee of $500, plus a 10% fee of the total $10,500 (due to bid4assets) will be due within 3 business days of the auction's close and may be paid by, cashier's check, or wire transfer.

This is a land contract sale, where the deed is held in escrow and will not be recorded until the note is paid in full. All monies paid are non-refundable.

Bidders are responsible for due diligence on property condition, back taxes,

PLEASE MAKE SURE YOU'RE READY TO FUND THE DOWN PAYMENT BEFORE YOU BID!

Title: Own 1.81 acres of prime land on Washburn Blvd in California City, CA

Description:

Perfect for investment or future development. Enjoy wide-open desert views, peaceful surroundings, and easy access to main roads. A great opportunity to secure land in a growing area at an attractive value.

Pricing details:

Property Details: Washburn Blvd, California City, CA 93505

Parcel Number: 275-202-05-00-1

County: Kern

States: CA

Parcel Size: 1.81 Acres

City: California City

Zip Code: 93505

Center GPS Coordinates:

35.185065, -117.833488

Corner GPS Coordinates:

35.184926, -117.832767

35.184916, -117.834254

35.185186, -117.832769

35.185164, -117.834254

Legal Description: TRACT 2827, BLOCK, LOT 162

Elevation: 2,710 ft.

Property Access: Washburn Blvd