N. Orange Dr. Los Angeles, CA. 90036 (sold)

Street Address: North Orange Dr.
Loan Amount: $926,250
Purchase Price: $1,425,000
Appraised Value: $1,500,000
Loan to Value: 61.75% (based on appraised value)
Investor Yield: 8.00%
Property Type: 2 Unit Residential
Occupancy: Non Owner Occupied
Term: 40 due in 3 years
Loan Status: Funded
Trust Deed Status: Sold

Contact Information:

David Golden
Office: 949.467.9288
Mobile: 949.500.1917
Email: dgolden@goldencapitalgrp.com

Trust Deed Inquiry

Property Description:

- Beautiful 2 unit rental property located in the desirable area known as Hancock Park

– Both units are 3 bedroom / 3 bathroom with total building square footage of 4,961

– Gross monthly rents of $7,250.00

– Borrower is experienced real estate investor and owns other rental units

– Borrower intends to upgrade both units and raise the rents

– Long term plan is to refinance into government loan

– Please call Golden Capital Group to obtain more information about this trust deed investment