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 GoldenOffice: 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