21820 Burbank Blvd. #250, Woodland Hills, CA 91367

818.707.3452

9:00 AM - 5:00 PM, Monday to Friday

Investments

Hidden Hills 1st TD 9.25% interest

Availability:

[SOLD OUT]

Address:

23921 Long Valley Road, Hidden Hills, CA 91302

Property Type:

SFR/Land

LTV:

63%

Occupancy:

Non-owner occupied

Loan Amount:

$2.785M

Investor Yield:

9.25%

Appraised Value:

$4.4M

Term:

3 years

Comments:

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Summary Information:

The borrower is refinancing his investment property in Hidden Hills. His plan is to demolish the existing house and refinance our loan with a construction loan. Hidden Hills is a gated community notable for housing several celebrities and actors. Even though the property (over an acre) retains most of its value in the land, as a requirement to demolish the property we will require the borrower to transfer 700k into a fund control account which he will then use to landscape and build the foundation. The borrower has a seven figure income with excellent credit.

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