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UCC Foreclosure Auction

18,500 Sq Ft New Construction Mansion

Details:

  • Indirect Interest in 1116 Chantilly Road, Los Angeles, CA 90077
  • Below Information & Pictures from Third-Party Website(s) & Not Represented or Guaranteed to be Accurate:
  • Welcome to 1116 Chantilly Rd, a stunning modern masterpiece in one of the world’s most prestigious locations. Having been issued its certificate of occupancy in June 2024, this luxurious estate is move-in ready. Expertly crafted with the finest materials, this home is the epitome of architectural brilliance. Inside, a double-height foyer gives way to a striking and voluminous great room offering novelty at every corner as walls of glass collapse to reveal an extraordinary outdoor paradise. The gourmet kitchen features sleek lines, Italian cabinetry, a chef’s galley, and two oversized islands topped with exotic stone and live-edge redwood from Brazil. It includes state-of-the-art appliances: professional hoods, a gas cooktop, induction stove, double ovens, and refrigerator and freezer columns with stainless-steel interiors. Entertainment spaces include a grand family room with a purpleheart wood bar and a glass temperature-controlled wine cellar for over 1,000 bottles, plus a home cinema with stadium seating for twenty, a 200-inch screen, and a professional-grade projector. Upstairs, the 2,700-square-foot primary suite is a sanctuary with double boutique closets, a sitting room, an office, a patio, and a centerpiece fireplace. The en-suite bathroom features double rainwater showers with steam, a soaking tub, and two private water closets. Hand-fashioned fixtures throughout contribute to the home’s museum-quality atmosphere. Every room offers uninterrupted views, connecting the indoors to the exterior courtyard. The amenity packed home also features a fitness and wellness gym equipped with a Roman-style bath and rejuvenation center with a jetted tub and steam showers. The home is centered around a verdant courtyard containing a one-of-a-kind terraced pool with waterfalls, stepping stones, swim-up bar, and a conversation fire pit turning the property into a luxury private resort for your enjoyment. The backyard features a surprisingly large flat, grassy area and a towering heirloom cactus, preserved during construction, celebrates life and beauty. The property also includes an independent 1,300 sqft ADU with two bedrooms, three bathrooms and a full kitchen, a rooftop sun deck, a wraparound balcony, and multiple lounging areas with views of the picturesque Los Angeles hills. Experience luxury and refinement at 1116 Chantilly Rd.
  • Diligence materials are available upon request and execution of standard confidentiality and non-disclosure agreement.
  • PLEASE TAKE NOTICE, that in accordance with applicable provisions of the Uniform Commercial Code as enacted in New York, and by virtue of certain Event(s) of Default under that certain Ownership Interests Pledge and Security Agreement, dated as of November 20, 2023 (the “Pledge Agreement”), executed and delivered by ADRIAN RUDOMIN, an individual (“AR”), DIEGO RUDOMIN, an individual (“DR”), PABLO  RUDOMIN, an individual (“PR”), ISAAC  RUDOMIN, an individual (“IR”), and THE KRAKEN, LLC, a California limited liability company (“KRAKEN”; together  with  AR,  DR,  PR  and  IR, hereinafter, individually, collectively, jointly and severally, as the case may be, the “Pledgors”), as security, to induce CSPRF 2 LLC, a Delaware limited liability company (the “Lender” and/or “Secured Party”), to make that certain loan in the principal amount of $2,350,000.00 to CHANTILLY ROAD, LLC, a California limited liability company (the “Borrower”), and in accordance with Secured Party’s rights as holder of the security, by virtue of possession of those certain Share Certificates held in accordance with Article 8 of the Uniform Commercial Code of the State of New York (the “Code”), and by virtue of those certain UCC-1 Filing Statements made in favor of Secured Party, all in accordance with Article 9 of the Code, Secured Party will offer for sale, at public auction, (i) all of Pledgor’s right, title, and interest in and to the following: LEVIATHAN, LLC (the “Pledged Entity”), and (ii) certain related rights and property relating thereto (collectively, (i) and (ii) are the “Collateral”). Secured Party’s understanding is that the principal asset of the Borrower is the premises located at 1116 Chantilly Road, Los Angeles, CA 90077 (the “Property”).
  • Maltz Auctions (“Maltz”), under the direction of Richard B. Maltz or David A. Constantino (individually, the “Auctioneer”), will conduct a public sale consisting of the Collateral (as set forth in Schedule A below), via online bidding, on November 25, 2024 at 2:00 PM (EST), in satisfaction of an indebtedness in the approximate amount of $2,604,092.27, including principal, interest on principal, and reasonable fees and costs, plus default interest through November 15, 2024, subject to open charges and all additional costs, fees and disbursements permitted by law.  The Secured Party reserves the right to credit bid.
  • The UCC sale was originally scheduled for October 4, 2024, November 5, 2024, and November 15, 2024.
  • Subject to senior indebtedness with a Payoff Balance of $15,105,000 as of August 1, 2024 (the Maturity of This Senior Loan)

Bidder Qualification Deadline: Thursday, November 14, 2024 by 4:00 PM EST.  Executed Terms & Conditions of Sale along with a deposit in the amount of $250,000 via wire transfer are required for consideration by any interested party.

Bid Delivery Location: Maltz Auctions, 39 Windsor Place, Central Islip, NY 11722.

Auction Date & Time: Monday, November 25, 2024 at 2:00 PM EST.

Auction Location: Virtual Auction.

Terms & Conditions of Sale: See attached terms of sale for details.

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*Maltz Auctions, Inc. Exclusively Acting in Capacity as Marketing Agent for Secured Party

These assets are being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the asset is made by the Seller, Auction Company or any of their Agents. Maltz is acting exclusively as marketing agent for the Sellers.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third-party sources and has not been independently verified.  It is the responsibility of the Buyer and/or Buyer’s Broker to determine the accuracy of all components of the sale and asset.  Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the Property, including without limitation, environmental and physical condition of the asset.  All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction.