{"id":126710,"date":"2025-06-03T11:16:00","date_gmt":"2025-06-03T15:16:00","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=126710"},"modified":"2025-06-03T11:12:09","modified_gmt":"2025-06-03T15:12:09","slug":"bankruptcy-auction-set-for-hollywood-33-unit-apartment-complex","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/bankruptcy-auction-set-for-hollywood-33-unit-apartment-complex\/","title":{"rendered":"Bankruptcy Auction Set for Hollywood 33-Unit Apartment Complex"},"content":{"rendered":"<p>HOLLYWOOD, Calif., June 3, 2025 (SEND2PRESS NEWSWIRE) &#8212; ThreeSixty Asset Advisors and Tranzon Asset Strategies have been appointed by the United States Bankruptcy Court to auction a 33-unit apartment complex located in the heart of Hollywood. The sale process is overseen by Chapter 7 Trustee Sam Leslie for the bankruptcy estate of Marisela Montejo (Case No. 2:24-bk-17786-NB). The auction will take place online on June 17, 2025 at 11 a.m. PDT.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.send2press.com\/wire\/images\/25-0503-s2p-hollywoodmfp-800x600.jpg\" alt=\"Photo caption: Bankruptcy Court Orders Sale of Prime Hollywood Multifamily Property\" width=\"800\" height=\"600\" class=\"alignnone size-full wp-image-126708\" srcset=\"https:\/\/www.send2press.com\/wire\/images\/25-0503-s2p-hollywoodmfp-800x600.jpg 800w, https:\/\/www.send2press.com\/wire\/images\/25-0503-s2p-hollywoodmfp-800x600-400x300.jpg 400w, https:\/\/www.send2press.com\/wire\/images\/25-0503-s2p-hollywoodmfp-800x600-200x150.jpg 200w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><br \/><em>Photo caption: Bankruptcy Court Orders Sale of Prime Hollywood Multifamily Property.<\/em><\/p>\n<p>The property is prominently situated just south of Franklin Avenue, directly across from the Scientology Celebrity Centre, making it an attractive location for potential buyers. The building features a diversified mix of units, including 20 singles, 9 one-bedroom units, 3 two-bedroom units, and one three-bedroom apartment.<\/p>\n<p>The complex sits on an 18,513-square-foot lot with a total building area of 17,095 square feet. The current structure and layout present opportunities for potential expansion or optimization, subject to local city allowances. The property includes 33 parking spaces, a central courtyard, and an on-site laundry facility. Currently, tenants are responsible for electricity, while gas and water utilities are covered by the landlord.<\/p>\n<p>Situated within easy walking distance of Hollywood\u2019s numerous amenities, dining options, and entertainment venues, this complex is particularly appealing to residents and presents a notable investment opportunity.<\/p>\n<p>&#8220;This auction presents an exceptional opportunity for investors looking to acquire a multifamily asset in a prime Hollywood location. The property offers clear potential for value-added enhancements and income growth through strategic and thoughtful management,&#8221; said Jeff Tanenbaum, President and Auctioneer of ThreeSixty Asset Advisors.<\/p>\n<p>Interested parties seeking more information or specific details regarding property showings and the auction can contact Three Sixty Asset Advisors and Tranzon Asset Strategies by calling 888-314-1314 or visiting <a href=\"https:\/\/www.tranzon360.com\/\">https:\/\/www.tranzon360.com\/<\/a>. Direct inquiries can also be sent to Tiffeny Cook at tcook@tranzon.com.<\/p>\n<p><strong>MULTIMEDIA:<\/strong><\/p>\n<p>Photo link for media: <a href=\"https:\/\/www.Send2Press.com\/300dpi\/25-0503-s2p-hollywoodmfp-300dpi.jpg\">https:\/\/www.Send2Press.com\/300dpi\/25-0503-s2p-hollywoodmfp-300dpi.jpg<\/a><\/p>\n<p>Photo caption: Bankruptcy Court Orders Sale of Prime Hollywood Multifamily Property.<\/p>\n<p><strong>MEDIA CONTACT:<\/strong><br \/>\nTiffeny Cook<br \/>\nTranzon Asset Strategies | ThreeSixty Asset Advisors<br \/>\nPhone: 888-314-1314<br \/>\nEmail: tcook@tranzon.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HOLLYWOOD, Calif., June 3, 2025 (SEND2PRESS NEWSWIRE) &#8212; ThreeSixty Asset Advisors and Tranzon Asset Strategies have been appointed by the United States Bankruptcy Court to auction a 33-unit apartment complex located in the heart of Hollywood. The sale process is overseen by Chapter 7 Trustee Sam Leslie for the bankruptcy estate of Marisela Montejo (Case No. 2:24-bk-17786-NB). The auction will take place online on June 17, 2025 at 11 a.m. PDT.<\/p>\n","protected":false},"author":10054,"featured_media":126708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216,12804,112,1,10,513],"tags":[20371,13259,20372],"class_list":["post-126710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-news","category-ap","category-auction-news","category-business-news","category-california-news","category-hollywood-news","tag-hollywood-real-estate","tag-real-estate-auction","tag-tranzon-asset-strategies","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":4128,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/126710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/10054"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=126710"}],"version-history":[{"count":4,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/126710\/revisions"}],"predecessor-version":[{"id":126712,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/126710\/revisions\/126712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/126708"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=126710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=126710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=126710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}