Friday
September 25
12:00-2:00 PM
Owner-Directed Sale
1223 W 69th Street
A Broker-Supervised Live Offer Event for a vacant Los Angeles property, with private showings and three scheduled open houses.
Seller invites offers from $599,000
Editorial illustration. Not a photograph of the subject property.
September 25-30, 2026
Live offer schedule
All times are Pacific Time. Seller may accept an offer before the scheduled close.
THIS IS NOT AN AUCTION. Registration, event updates, and written submissions do not create a contract. A binding transaction requires Seller's written acceptance of a complete purchase agreement or counteroffer.
Offer period opensFriday, September 25, 2026 at 8:30 AM PT
Scheduled live offer closeSunday, September 27, 2026 at 8:25 PM PT
Seller review deadlineWednesday, September 30, 2026 at 12:00 PM PT for offers not accepted earlier
Open houses
Private showings are available by appointment during the advance marketing period.
Saturday
September 26
1:00-3:00 PM
Sunday
September 27
3:00-5:00 PM
Written-offer process
- Minimum qualifying offer improvement: $10,000 over that buyer's most recent written price.
- A Qualified Offer received in the final 15 minutes may extend the close by 15 minutes.
- Later Qualified Offers during an extension may trigger another 15-minute extension.
- Seller may accept, reject, counter, or defer any offer and need not select the highest offer.
- Cash or conventional financing only. No FHA or VA.
- Requested 3% earnest money deposit within 24 hours after written acceptance.
- Requested 7-day inspection, appraisal, and loan contingencies.
- Requested closing: 30 days after written acceptance.
The executed purchase agreement and signed addenda control the transaction.
Property disclosures at a glance
The Property is vacant, was previously used as a rental, and has not been occupied by Seller for approximately 10 years. It is offered AS IS. Seller does not agree in advance to repairs or updates.
The Property was built before 1978. Federal lead-based paint disclosures apply.
Seller represents existing additions other than the rear unit or structure as permitted. The rear unit or structure is not permitted.
Potential ADU opportunity
Buyer must independently verify feasibility, zoning, permits, use, code compliance, and legalization with the City of Los Angeles. No representation is made that the rear structure is a legal dwelling, rentable unit, approved ADU, or lawful living area.
Representation and compensation
The listing Broker represents Seller unless lawful dual agency is separately disclosed and consented to in writing. Buyer-broker compensation is not guaranteed or standard. A buyer must request it in writing, and Seller may accept, reject, or counter the request.
Broker
Alvaro Enrique Barrera
California Real Estate Broker
DRE #01423150
4920 Van Nuys Blvd #26
Sherman Oaks, CA 91403
Escrow: First Priority Escrow, Marjan Rasibi, escrow@firstpriorityescrow.com
Title: Orange Coast Title
Ready to participate?
Register your interest, contact Enrique, and request the complete offer instructions before submitting transaction documents.
Website terms
Information on this page reflects Seller-authorized marketing information supplied for the event and must be independently verified. Images, dimensions, square footage, permits, potential uses, financing, and availability are not warranties. This page is an invitation to submit written offers, not an offer to sell.
Seller may change the schedule, correct information, accept early, suspend the process, or decline all offers, subject to signed agreements and applicable law. Equal Housing Opportunity. This page and its custom documents are not approved by the California Department of Real Estate and do not replace required transaction forms or disclosures. Attorney review is recommended before reliance or use.