2 Beds   3 Baths   1,797 Sq. Ft.   Condo

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S Spalding Dr Unit 201
Beverly Hills, CA 90212

Status: Inactive
Listing ID: 56318554

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Property Information

  • Bedrooms: 2
  • Bathrooms: 3
  • Living Area Size: 1,797
  • Lot Size: 0.74 acres
  • Year Built: 1985
  • Source ID: 140699766
  • Days On Site: 182
  • Subdivision: 42409
  • Parcel Number: 4330001037
  • Property Type: Condo
  • Plaintiff: Deutsche Bank National Trust Company
  • Defendant Name: EDUARDO P GUTIERREZ
  • Recording Date: 04-19-2021
  • Trustee Address: 1000 Abernathy Rd
  • Trustee City: Sandy Springs
  • Trustee State: GA
  • Trustee Zip: 30328
  • Trustee Phone: (877) 744-2506
  • Trustee Reference Number: 2021-00375-CA
  • Deed Category: NOD
  • Document Number: 202100614094

Public Records

  • Bedrooms: 2
  • Baths: 3
  • Full Baths: 3
  • Air Conditioning: CENTRAL
  • Pool: YES
  • Heating Type: CENTRAL
  • Land Area Sqft: 32,461
  • Year Built: 1985
  • APN: 4330-001-037
  • Property Type: Condominium
  • Living Sqft: 1,797
  • Subdivision: 42409


Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.


    Property Classification

  • Classification Id: Notice of Default
  • Classification Desc: Considered the first phase of the foreclosure process, a homeowner will receive this notice if he or she misses one or more mortgage payments in states that follow non-judicial foreclosure actions. This represents a great opportunity to purchase a home at a significantly reduced price before it is repossessed by a lender.

    Loan Information

  • 1st Mortgage Date: 06-04-2003

    NEW Credit Information Center

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Listing History

Start Date End Date Listing Type Bank Name
03/06/20 08/03/20 Preforeclosure Deutsche Bank National Trus...


S Spalding Dr Unit 201
Beverly Hills, CA 90212

2 Beds   3 Baths   1,797 sq. ft.   Condo


Status: Inactive Listing ID: 56318554

Property Information

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Public Records

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Property Description

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