RARE FIND - 23+ ACRES ROUTE 66, LUDLOW CALIFORNIA NEAR I-40 EXIT - OWNER FINANCE

Description

SEE MY TWO
OTHER
ROUTE 66
CALIFORNIA
PROPERTIES LISTED ON AUCTION NOW WHICH ALSO END WEDNESDAY EVENING, AUGUST 4.
NO RESERVE PRICE TO BE MET !
ZERO DOWN PAYMENT !
ZERO INTEREST RATE !
5 YEAR TERM !
THIS AUCTION ENDS AT 8:00 PM PDT ON WEDNESDAY, AUGUST 4, 2021 AND WILL SELL REGARDLESS OF WHAT THE WINNING BID IS !
STOP !  PLEASE READ BELOW THOROUGHLY BEFORE BIDDING !
DO NOT BID UNLESS YOU UNDERSTAND AND AGREE TO THESE CONDITIONS:
YOU, AS A WINNING BIDDER, AGREE THAT THE TERMS SET FORTH BELOW CONSTITUTE A CONTRACT AND BECOMES A LEGALLY BINDING AGREEMENT AT END OF AUCTION.
CONDUCT YOUR DUE DILIGENCE BEFORE PLACING A BID. MAKE PHONE CALLS, VIEW PROPERTY, CONDUCT COMPS. IT IS UP TO YOU TO CONTACT THOSE "IN THE KNOW", I.E. LOCAL BUILDING AND PLANNING OFFICES, ETC. TO VERIFY ANY STATEMENTS IN THIS LISTING. MY ONLY OBLIGATION IS TO PROVIDE THE PROPERTY'S LEGAL DESCRIPTION, APPROXIMATE LOCATION AND PARCEL NUMBER.
IF YOU ARE NEW TO EBAY WITH FEEDBACK OF LESS THAN 5, OR ANY NEGATIVE FEEDBACK WITHIN THE LAST 6 MONTHS YOU WILL NEED TO CONTACT ME AT LEAST 24 HOURS BEFORE AUCTION ENDS OR YOUR BID WILL BE AUTOMATICALLY REJECTED. IF YOU DON'T UNDERSTAND THESE TERMS THEN PLEASE DO NOT BID.
TOTAL AMOUNT DUE WITHIN 24 HOURS OF END OF AUCTION (OR BY 8:00 PM THURSDAY AUGUST 5:  FIRST MONTHLY PAYMENT (INTEREST FREE) OF $ 500.00 PLUS $ 395.00 CLOSING COSTS = $ 895.00 TOTAL.)
OWN 1/4 MILE OF ROAD FRONTAGE (BOTH SIDES) OF THE WORLD'S MOST FAMOUS AND NOSTALGIC HIGHWAY..... U.S. HIGHWAY 66 !
YOU ARE BIDDING ON THE
FULL PURCHASE PRICE
OF THIS 23.11 ACRE PARCEL DIRECTLY ON ROUTE 66, JUST A SHORT  DRIVE (AND AN EASY WALK, just 1/2 mile) FROM THE TOWN OF LUDLOW, CA. MINIMUM BID JUST $ 69,307.00.
NO RESERVE. Remember you are
BIDDING
on the
ENTIRE PURCHASE PRICE. BIDDING BEGINS AT $ 69,307 (or just $ 2,999 per acre) WITH OWNER FINANCING. This parcel is currently on the open market for sale at $ 6,900 per acre ($ 159,500)
* CASH OR FINANCED SALE. JUST $ 500 PER MONTH INTEREST FREE FOR THE FIRST 5 YEARS (60 MONTHS). AT END OF TERM THE REMAINING UNPAID PRINCIPAL BALANCE WILL BE DUE (BALLOON PAYMENT) OR BUYER AND SELLER MAY NEGOTIATE AN EXTENSION AT AN INTEREST RATE NOT TO EXCEED 10 %.
* $ 395 CLOSING COSTS PLUS FIRST MONTHLY PAYMENT OF $ 500.00 (INCLUDES FIRST PRINCIPAL PAYMENT OF $ 500.00 CREDITED FOR AUGUST 1, 2021) $ 895.00 TOTAL DUE AT END OF AUCTION. $ 395 CLOSING COSTS INCLUDES DEED PREPARATION, RECORDING FEES, TRANSFER TAXES, PROMISSORY NOTE PREPARATION, ESTOPPEL LETTER, OVERNIGHT DELIVERY FEE(S), ETC.
PLEASE READ ALL INFORMATION BEFORE BIDDING..... CONDUCTING DUE DILIGENCE IS REQUIRED ON BUYER'S PART. I have allowed a full 30 day auction period to allow for all interested parties to take a drive to the Mojave (San Bernardino county) to personally view this, and my three other Route 66 parcels and have all of their questions answered.
APN: 0551-231-12-0-000
APPROXIMATE LOT DIMENSIONS: 1,324 WIDE (ALONG U.S. HIGHWAY 66) X ' DEEP.
GPS: 34.724152, -116.152286 (CENTER OF PARCEL ON HIGHWAY), GPS: 34.724023, -116.154366 (Western boundary on highway),  GPS: 34.724175, -116.149985 (Eastern boundary on highway).
PHOTOS # 2,3,4 & 5 were taken directly on the property for sale. Photos # 7, 8 & 9 were taken in the town of Ludlow at the I-40 freeway interchange (just 1/2 mile west of the sale parcel.)
LOCATION, LOCATION, LOCATION.....How many Route 66 parcels are there for sale in California so close to a town and a freeway interchange ???? At such a low initial bid price ????  You simply cannot beat this price for location, parcel size ( 23 acres) and potentially unlimited uses !
Check out AND COMPARE PRICES with these other listings now on the retail market for Route 66 properties WITH road frontage in the Newberry Springs - Ludlow CA area:
Comparable property # 1:
Parcel # 4.65 acres Newberry Springs, CA MLS # 533931, $ 40,000 (or $ 8,600 per acre)
Comparable property # 2:
Parcel # 59725 Highway 66, (15 miles west of Ludlow,) 310 acres for $ 875,000, ($ 2,822 per acre), middle of nowhere,REMOTE, about 15 miles from nearest freeway interchange, contains about 75% lava rock.
Comparable property # 3:
41565 National Trails Highway, Daggett, CA, 92327 - 7 acres, $ 149,900, parcel # 0521-042-24-0000, ($ 21,400 PER ACRE).
Comparable properties # 4 & 5:
Parcel # 0528-181-08, 2 1/2  acres, commercial zoning southeast corner of U.S. 66 and Ord St., Newberry Springs, CA $ 65,000, and Parcel # 0528-181-10 another 2 1/2 acre property on U.S. 66 just two parcels east of # 4 - $ 174,900. (both properties listed for sale with Coldwell Banker.)
This prime 23.11 acre lot is located just 1/2 mile east of the town of Ludlow, California in the Mojave Desert. Lot is level with typical desert vegetation. The northern boundary is Interstate 40. The southern boundary is the railroad tracks. (There is a small triangular leftover sliver of land south of the railroad tracks approximately 400' X 400' X 50'). Old Main St. (dirt road, see photo with car) from town of Ludlow dead ends into Route 66 near the center of this property - see map and street sign photos). The center of the town of Ludlow is within easy walking/driving distance of this property (less than 1/2 mile) where you will find two gas stations,
a Dairy Queen, The Ludlow Cafe, and a very nice (highly rated) motel along with many of old route 66 buildings from a by-gone era.
There is A LOT OF POTENTIAL FOR someone who owns this property. For example, other land owners along Interstate 40 rent their property to billboard companies. Build a home or a commercial establishment as it is so close to the freeway interchange.
This auction ends at 8:00 PM PDT Wednesday, August 4. Great investment parcel, near Interstate 40 freeway interchange.
By bidding with no reserve you may SAVE 40 - 80  % or more off any comparably priced lot in the area.
Your bid is a contract. You are bidding on the FULL PRICE. Please take the time between now and auction's end to satisfy yourself as to the location, desirability and utility of this parcel for your specific purposes. This process is called "conducting your due diligence". I realize that many bidders still will not conduct due diligence and bid anyway, and by not doing so, it will not be a valid reason to be a winning bidder then getting "cold feet". Your bid is a contract. I have recently been to this lot on May
5, 2021, so I have some recent first-hand photos to share.
Parcel number 0551-231-12-0-000. Sale lot shown on parcel maps in yellow. This 23.11 acres affords almost limitless potential.
CURRENT ANNUAL TAXES ARE ONLY
$ 340.02
. I have clear title and will record Grant Deed once total balance is paid in full. Base tax rate is 1 % per year and buyer is responsible for the next tax bill due by December 1, 2021 (for tax period July 1, 2021 - June 30, 2022).
There are no mortgages or loans of any kind against this property. A modest $ 395 closing fee to cover preparation of the deed and notarization, plus county recording cost, any resort transfer fee(s).
Please do not bid until you read the following information and agree to accept the terms:
Your bid is a contract, it is not a starting point for further negotiations. You are required to conduct your due diligence PRIOR TO PLACING A BID. If you have any questions, please ask BEFORE bidding, not after. Property is sold in lieu of using a formal escrow company. Should buyer desire to use an outside escrow company or independent third party, including attorneys fees and all associated costs, including but not limited to, deed preparation, closing fee, title research and any and all title insurance fees and premiums and the like, will be borne by the buyer. Bidder will need to contact the necessary person/office with any questions as to building restrictions/questions, water, electric accessibility and the like. Aerial photos indicate the general area where the lot is located and photos are not guaranteed to be 100% accurate, but are shown for general informational purposes and a guideline only. It is buyer's responsibility to physically
visit property or make other inquiries as to determine exact parcel's locat
ion. Buyer to hold seller harmless for any misinformation contained herein as seller may or may not have actually visited the property and has had no survey. Seller's sole responsibility is to provide parcel's legal description
, APN and parcel's general location. Any other information contained herein must be independently verified by buyer as rules/regulations may and can change over the years. Real estate taxes are current as of last bill sent and will not be prorated. New owner will be responsible for the tax bill for the period July 1, 2021 - June 30, 2022 and due no later than December 1, 2021.
Winning bidder is required to email me with their contact information
IMMEDIATELY
after auction ends. This contact information must include: (1) Full legal name(s) of grantee(s) exactly as they are to appear on the deed, (2) Desired vesting:  (example, John Q. Doe and Mary A. Doe, HUSBAND AND WIFE AS JOINT TENANTS), (3) Mailing address where you want future tax bills and deed to be sent, (4) your direct email address, (5) Daytime telephone number. (6) Method of payment. This information is required immediately for preparation of the deed and any written agreement.
Full payment of winning bid, (unless a financed sale) is due within 72 hours after auction's end. Most forms of checks, as well as PayPal, in some instances such as deposit, are accepted. If buyer wishes to finance (n/a for this property) then a $ 395.00 non refundable deposit plus 1st month's payment is due immediately after auction closes. This $ 395 deposit will be applied to the $ 395.00 closing cost amount. If other than PayPal, buyer must send payment via delivery method that includes tracking number (USPS Priority Mail, FedEx, etc.) and is to be RECEIVED by seller within the 72 hour time period. Full amount is due within 72 hours of auction's end if purchase is all cash. Non-performing bidders will be reported to eBay and will be expected to reimburse seller the full amount of seller's ebay listing & final value fees (usually $ 85.00)  as selling real estate on ebay is not inexpensive.  Buyer/bidder(s) understand that I, as seller, have no control over the length of time that the county recorder takes to record and return a recorded deed. Please allow 4 - 6 weeks minimum for the entire process to be completed. This information constitutes all information required and shall suffice for contract terms. BY PLACING A BID YOU, AS BIDDER, AGREE TO THE TERMS AS STATED ABOVE.
Download or print a copy
of this listing as it will serve as an agreement of terms between buyer and seller.