2240 Lorain Road

INTERESTED PARTIES CAN OVERBID ON 4/4/23 AT 11:00A.M. IN BANKRUPTCY COURT AT 255 E. TEMPLE ST, COURTROOM 1568, LOS ANGELES FOR A MINIMUM OVERBID OF $1,825,000. NO LATER THAN 3/30/23, YOU MUST DELIVER: 1.) A CASHIER’S CHECK IN AMOUNT OF $55,000 PAYABLE TO JINZHENG GROUP (USA) LLC; 2.) A WRITTEN OFFER ON THE FORM ATTACHED AS EXHIBIT “2” TO DEBTOR’S MOTION TO AUTHORIZE SALE OF REAL PROPERTY; 3.) PROVIDE WRITTEN PROOF OF ABILITY TO CLOSE ESCROW ACCEPTABLE IN SOLE DISCRETION OF THE DEBTOR. PLEASE CALL LISTING AGENT FOR COPY OF DISCLOSURES AND DEBTOR’S MOTION TO AUTHORIZE SALE OF REAL PROPERTY. Idyllically situated on an oversized 16,061sqft lot in a highly sought-after area, this 3BR/2.5BA, 1,981sqft residence exudes sophistication with stunning vernacular architecture, impeccably manicured landscaping, and gorgeous arched shutters. Marvelously fashioned for modern desires, the dazzling interior welcomes with gleaming hardwood flooring, a chic color scheme, an entertainment-ready floorplan, tons of shimmering natural light, thick crown moulding, and an expansive living room with beautiful French doors, lovely built-ins, recessed lighting, and a well-appointed floor-to-ceiling fireplace. Dream up delicious concoctions in the gourmet kitchen, a breakfast area, a dining room, and an adjoining family room with French doors to the massive patio. Explore the fully fenced in backyard to find a sparkling swimming pool, a spa, pool fencing, a whimsical bridge, open greenspace, curving pool surrounds, citrus/fruit trees, and plenty of room for future customization. The main-level primary bedroom has double entry doors, an ultra-modern ceiling fan, multiple windows, and an attached en suite with a shower/tub combo, a pedestal sink, and custom tilework. Enjoy the area as a private office, closet space, or gym. Two extra bedrooms are generously sized with dedicated closets and may also be excellent for lifestyle-specific flex spaces. Other features: gated and detached 2-car garage, basement area with laundry, security system, near shopping, restaurants, award-winning schools, and entertainment, and so much more! Call now to schedule your private and exclusive showing! **Furnitures in the photos are virtually staged for illustration only.** **The property to be sold "as-is" ** **The sale is subject to bankruptcy court approval and over-bid and special addendum to accompany all offers.**