Back to Funded Investments

Loan 3304- 832 & 838 Van Ness Ave – Santa Ana, CA 92701

Line Image

Property Address

832 & 838 Van Ness Avenue, Santa Ana, CA 92701

Loan Number: 3304

Appraised Value: $1,266,000.00

Loan Amount: $822,900.00

Loan Position: 1st

Interest: 11%

LTV (Loan to Value): 65%

Term: 36 Months

Download Appraisal PDF

Specifics

SPECIFICS: Our loan is secured by both properties. They are adjacent to one another. We are refinancing the 1st no cash out. 832 is a typical interior lot. It is being used as a parking lot for the office tenants nearby. 838 is at 2,772 sq ft office with 4 units with parking.