17405 Cumpston, Encino, CA 91316

Description

Bankruptcy Sale - Attention builders, contractors, and investors! Set on a prominent corner lot between two peaceful cul-de-sacs, this private estate presents an exceptional opportunity in prestigious Amestoy Estates, one of Encino’s most sought-after neighborhoods. A gated circular driveway and three-car garage complete the property, ideally located just moments from premier shopping and celebrated local restaurants. The property features more than $1 million in partially completed luxury interior and exterior renovations, offering the opportunity to bring a significant high-end vision to completion. Accepted offer is $4,350,000.00 with buyer credit of $100,000.00 through escrow, subject to overbid & bankruptcy court approval. Trustee will accept higher/better bid at the U.S. Bankruptcy Court sale hearing on 12/02 /2026 at 1:30 p.m. ("Hearing"), courtroom 301, Woodland Hills Bankruptcy Court, in person or by zoomgov. Initial overbid must be at least $4,400,000.00. Subsequent overbids in minimum increments of $10,000.00. Overbidder must appear at Hearing (in person or by zoomgov) and, prior to commencement of the Hearing, qualify as a bidder by showing proof of ability to close escrow unconditionally on or before the first business day that is at least (14) days after entry of the sale order and submit to Trustee's counsel a cashier's check in the amount of at least ($130,500.00) "Earnest Money Deposit" made payable to "Mission Escrow." Earnest Money Deposit must be delivered to the office of Trustee's counsel (i.e., Peter J. Mastan, Esq.,Dinsmore & Shohl LLP, 550 S. Hope Street, Suite 2800, Los Angeles, California, 90071 no later than 12:00pm noon December 01, 2026 ).Trustee shall refund the Earnest Money Deposit if Trustee accepts the bid of another bidder. Bid on the identical or better terms as Buyer as set forth in the Agreement attached to the sale motion, including, without limitation, "AS-IS, WHERE-IS" Condition, with no contingencies. Buyer to verify the accuracy of the square footage & permits. Please contact the listing agent for a copy of the overbid procedures. Interior photos are available upon requests. Showings are by appointment only and require a minimum of 24 hours’ advance notice. Please do not disturb the occupants.