Asking Price: $394,250

Probate Sale, subject to Court confirmation and over-bidding in Court at Superior Court of Los Angeles, located in downtown Los Angeles. Sale confirmation is scheduled for Fri., May 02, 2025, at 8:30 am in Dept. 44 at DTLA Court located at 111 North Hill St., Los Angeles, CA 90012. Asking price is the 1st minimum overbid amount. All interested over-bidders must be present in the Court with a cashier's check for at least 10% of the minimum overbid amount (=$39,425.00), payable to the "Linda Dianne Lyons Living Trust". Terms of sale: (1). All Cash; (2). As Is and Where Is; (3). Seller shall credit buyers $25,000 at close of escrow, but will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close; (4). Close of escrow shall be no later than 10 days from receipt by escrow company of a certified court order confirming the sale. For Sale after 15 years! Rare opportunity to own a two-story 3 bed 3 bath home with private dock in a private community of Silver Lakes. The property is a 2,323 SF fixer on a huge 8,575 lot SF, featuring a double-door entry, a cozy fireplace in the living room, and private covered patio and a dock with stunning lake views, ideal for those who love tranquility, fishing, and outdoor living. Main master on the 1st floor, with walk-in closet. double sink, separate stand-up shower and tub. 2nd master on 2nd floor with full bath. Property includes both a double-car garage and an RV garage for extra convenience. The home comes with access to a range of amenities for a low HOA fee of just $224 per month. Enjoy unlimited use of two beautiful lakes, a 27-hole championship Ted Robinson design golf course, an equestrian center, RV park and storage, as well as a clubhouse complete with an Olympic size swimming pool, sauna, spa, library, fitness gym, tennis courts, bocce ball courts, and pickle ball courts. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied. Property is vacant and will be delivered vacant at close of escrow. Fantastic opportunity for investors & first-time homeowners, to rehab or redevelop the subject property and realize substantial benefits. Buyer to conduct their own investigations and assume all responsibilities for making the necessary repairs to the property.