WORLDBID AUCTION | NOVEMBER 19TH, 2026 11AM PST

PRE AUCTION: BIDS DUE NOW THRU NOVEMBER 5, 2026
AUCTION: QUALIFYING ROUND BIDS DUE PRIOR TO OR ON NOVEMBER 12 – 19, 2026 11AM PST

PRE AUCTION OFFERS:

• A Buyer may elect to submit a Pre Auction rather than participate in Auction bidding.
• Pre auction offers may be submitted on a standard CAR (California Association of Realtors) commercial purchase contract.
• Pre Auction offers may have any contingency a buyer requests.
• A Pre Auction offer must be submitted no later than November 5, 2026. The offer will state the buyer will remove all contingencies no later than November 12, 2026 or close escrow by that date. If the Buyer removes contingencies or closes escrow no later than November 12, 2026, the auction will be canceled.
• Your Pre Auction offer submitted on a CAR purchase contract must state that the 3% Buyer’s Premium is included in your offering price.
• No exceptions to the date deadlines will be accepted.
• The buyer must provide a 10% deposit with their offer, proof of funds to close the purchase and a lender approval letter (if applicable).

AUCTION BIDDING REQUIREMENTS:

• Your sealed bid must be submitted on the BraunWorldbid sealed bid auction purchase contract.
• Qualifying round bids must be submitted November 12-19, 11am PST and must be emailed Connor@braunco.com.
• The top 50% bids (by price) of the qualifying round bids received, those bidders will be notified by November 19th, 2026 1:00pm PST, they are approved to submit their final bid.
• The bidders, which have qualified to bid in the Final Bid round, their bid is due on November 19th, 2026, 3pm PST.
• Both the qualifying and final round bids must be provided on the BraunWorldbid Sealed Bid auction purchase contract.
• Escrow Shall close no later than December 19, 2026.
• The Sealed Bid auction purchase is available on BraunWorldbid.com at the property listing.

SALE TERMS:

• A 3% buyers premium must be included in your auction bid.
• A 2.5% commission will be paid to the real estate agent/broker who registers and represents the buyer who purchases the property.
• The buyers agent must submit the Agent Registration Form available at Braunworldbid.com to be paid a commission.
• The property is sold in AS IS condition.
• The Seller is not making any repairs.
• The property is conveyed and sold with current tenants in place.
• Both properties are conveyed and sold together.
• Seller will not be responsible for inspection reports,
• Seller will not be responsible for termite repairs, if needed.
• Seller will not be responsible for mandatory government retrofit requirements
• Buyer to conduct their due diligence prior auction bid submission
• Trust Sale, Seller is Court appointed and cannot make any representations regarding the property condition and property history.
• The property will be conveyed free and clear of liens and encumbrances save and except for the permitted exceptions which may include any existing easements, rights of way, prescriptive rights whether of record or not, recorded existing restrictions, covenants, conditions, oil and gas leases, mineral interests, water interests outstanding in person other than Seller and other instrument, other than conveyances of the surface fee estate that affect the property, validly existing rights of adjoining owners in any walls and fences situated on a common boundary, any discrepancies, conflicts, or shortage in area or boundary lines, any encroachments or overlapping of improvements, all right, obligations and other matters arising from existing by reason of any applicable governmental district, agency or authority, any liens as to which the title insurer shall provide coverage under the terms of its policy, including special endorsements and current taxes will be pro-rated as of the date of closing.
• Escrow is with Escrow of the West

DUE DILIGENCE AVAILABLE

• INCOME STATEMENTS FOR 2024,2025, 2026 TO AUGUST
• RETAIL AND MULTIFAMILY TENANT LEASES
• RENT ROLL
• RETAIL AND MULTIFAMILY TENANTS LEDGERS
• UTILITY INVOICES
• PERMITS
• PHASE ONE
• SELLERS PROPERTY DISCLOSURES
• PRELIMINARY TITLE REPORT
• SEALED BID AUCTION CONTRACT