Asset Details
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Asset Description
3,210 square foot vacant residential lot, fully enclosed by gates. The property needs a good clean-up.
Asset Address
Firearms Prohibited
Members of the public attending the auction are prohibited from carrying/possessing a firearm(s) at the auction, even if carrying/possessing a firearm(s) is otherwise permitted under state or local law. The term “firearm” means any weapon (including a starter gun) which will or is designed to or may readily be converted to expel a projectile by the action of an explosive.
Asset Info
Date of Auction
Notice Information
Under the authority in Title 28 U.S.C., Sections 2001 and 2002, the property described below will be sold pursuant to a Judgment in Favor of the United States and Against Kenneth J. Ellis and Order of Foreclosure and Sale of Real Property filed 8/9/2023 in United States of America v. KENNETH J. ELLIS; HENLEY’S INVESTMENT, INC.; HENLEY’S INVESTMENT LLC; THE STATE OF CALIFORNIA FRANCHISE TAX BOARD; and the LOS ANGELES COUNTY TAX COLLECTOR, in the United States District Court Central District of California Western Division.
Legal Description
The Easterly 30 feet of Lot 99 of Tract No. 4269 in the City of Los Angeles, County of Los Angeles, State of California.
Also referred to as: The Easterly 30 feet of Lot 99 of Tract Nos. 4269, as per map recorded in Book 6 Page 81 of Maps, in the office of the County Recorder of said County.
Date of Auction
Bidder Registration Time
Minimum Bid
148,125.00
Mail-in Bid Form
ellis_mib.pdf
(50.64 KB)
Sale Location
Order of Sale
ellis_judgment_order_of_sale_aug_9_2023.pdf
(137.59 KB)
Terms of Sale
The property is offered for sale “as is” and “where is” and without recourse against the United States. The United States makes no guarantee of condition of the property, or its fitness for any purpose. The United States will not consider any claim for allowance or adjustment or for the rescission of the sale based on failure of the property to comply with any expressed or implied representation.
Form of Payment
All payments must be by money order or by certified or cashier’s check. Make check or money order payable to the United States District Court for the Central District of California.
The Terms of Payment
All payments relating to the subject property shall be by money order or by certified or cashier’s check.
At the time of the sale, the successful bidder shall be required to deposit with the PALS, by money order or by certified or cashier’s check payable to the United States District Court for the Central District of
California, a deposit equal to twenty percent (20%) of the bidder’s total bid immediately upon the subject property being struck off and awarded to such bidder as the highest and best bidder.
The successful bidder shall remit the remaining eighty percent (80%) of said purchase price to be paid on or before 5:00 p.m., within three (3) business days of the date of sale (no later than July 21, 2026) by money order or by certified or cashier’s check payable to the United States District Court for the Central District of California.
Should the successful bidder fail to comply with the terms of the sale, such bidder shall be liable to the United States for twenty percent (20%) of the value of the subject property as a penalty. The Clerk shall distribute the 20% penalty as directed by the PALS by check made to the “United States Treasury” to be applied toward payment of said penalty. Payment of said penalty shall not be a credit on the judgment of the United States. The subject property shall again be offered for sale under the terms
and conditions of this order for sale or, in the alternative, sold to the second highest bidder.
The sale of the subject property shall be subject to confirmation by this Court. On confirmation of the sale, the Court will direct the Internal Revenue Service to execute and deliver its deed conveying the subject property to the purchaser. On confirmation of the sale, all interests in, liens against, or claims to the subject property that are held or asserted by all parties to this action are discharged and extinguished.
Any sale pursuant to this order shall be free and clear of any liens and encumbrances held by any party to this action including the United States; Kenneth J. Ellis; Henley Investment, Inc.; Henley Investment LLC; the State of California Franchise Tax Board; and the Los Angeles County Tax Collector.
At the time of the sale, the successful bidder shall be required to deposit with the PALS, by money order or by certified or cashier’s check payable to the United States District Court for the Central District of
California, a deposit equal to twenty percent (20%) of the bidder’s total bid immediately upon the subject property being struck off and awarded to such bidder as the highest and best bidder.
The successful bidder shall remit the remaining eighty percent (80%) of said purchase price to be paid on or before 5:00 p.m., within three (3) business days of the date of sale (no later than July 21, 2026) by money order or by certified or cashier’s check payable to the United States District Court for the Central District of California.
Should the successful bidder fail to comply with the terms of the sale, such bidder shall be liable to the United States for twenty percent (20%) of the value of the subject property as a penalty. The Clerk shall distribute the 20% penalty as directed by the PALS by check made to the “United States Treasury” to be applied toward payment of said penalty. Payment of said penalty shall not be a credit on the judgment of the United States. The subject property shall again be offered for sale under the terms
and conditions of this order for sale or, in the alternative, sold to the second highest bidder.
The sale of the subject property shall be subject to confirmation by this Court. On confirmation of the sale, the Court will direct the Internal Revenue Service to execute and deliver its deed conveying the subject property to the purchaser. On confirmation of the sale, all interests in, liens against, or claims to the subject property that are held or asserted by all parties to this action are discharged and extinguished.
Any sale pursuant to this order shall be free and clear of any liens and encumbrances held by any party to this action including the United States; Kenneth J. Ellis; Henley Investment, Inc.; Henley Investment LLC; the State of California Franchise Tax Board; and the Los Angeles County Tax Collector.
Additional Details
Disclaimer
This is an information notice only regarding a sale being conducted by the Internal Revenue Service.
Title Offered
Only the right, title, and interest of KENNETH J. ELLIS; HENLEY’S INVESTMENT, INC.; HENLEY’S INVESTMENT LLC; THE STATE OF CALIFORNIA FRANCHISE TAX BOARD; and the LOS ANGELES COUNTY TAX COLLECTOR, in and to the property will be offered for sale.
Property May Be Inspected at
Open House
Date of Open House
-
Open House Bidder Registration
Open house and registration from 9:00am-11:00am on July 16, 2026. No other open house dates.