Up for auction is a commercial property located at 38883 Yermo Road in Yermo, California in San Bernardino County. The property was previously a gas station and will need full rehab. The property sits on .28 acres of land and has 112' of road frontage.
PLEASE NOTE: All photos are Google Street View images from April 2019 and may not reflect the current condition of the property. We are based on the east coast and do not have current photos. We strongly recommend you visit this property before bidding.
PLEASE NOTE: This property has environmental issues stemming from unremoved underground storage tanks (USTs) on the property. You can review the details of the citations HERE. We also just received notice that there are two open liens relating to the USTs totaling $2,254, which will remain with the property when it conveys. Buyer agrees that they are buying this property subject to these environmental issues and that they will take on any necessary remediation. Buyer should not bid unless they are prepared to sign a purchase agreement whereby they agree to these terms.
Status of title: Property is sold with as-is title, subject to any back taxes and liens.
The following info was provided by San Bernardino County and should be verified prior to purchase.
| Address: | 38883 Yermo Road, Yermo, CA 92398 |
| County: | San Bernardino County |
| APN: | 0538-073-12-0000 |
| Legal Description: | TRACT 2459 LOT 104 TRACT 2459 LOT 104 EX MNL RTS RESERVATION OF RECORD |
| Zoning: | Commercial |
| Lot Size: | .28 Acres |
| Annual property taxes: | $42.82 |
Click on "Ask a Question" to ask any questions before you bid.
Auction Disclaimer
All property is sold as is, where is, with no warranties expressed or implied. It is the duty of prospective buyers to research properties to their satisfaction prior to bidding, and a bid shall constitute a binding contract, in which the buyer is agreeing to abide by the Terms of the Auction.
Terms of Auction / Settlement Terms
This is a cash sale, you are bidding on the full purchase price. Buyer must have cash ready at auction's close. Winning bidder agrees to pay full balance due via certified check or wire transfer within 4 calendar days of the auction's close, no exceptions.
Buyer to pay buyer's premium of 10% with a $100 minimum and closing costs of $500, which includes deed preparation, recording fees, and transfer taxes. Seller will deliver property via quitclaim deed with as-is title.
Buyer is required to sign a purchase agreement within 3 days of the auction's close. Purchase agreeement will indicate that buyer agrees to be responsible for any environmental issues with property.
Thanks for looking and good luck with your investments!
