Karen DeGasperis REALTOR

OFF MARKET Distressed Assets

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Photo
Property TypeSingle Family
LocationLos Angeles, California
Title2 CROSSED SINGLE FAMILY HOME IN SAN GABRIEL VALLEY
Summary

PROPERTY B
Defaulted 1st Loan on 2 Story Single Family Home in
San Gabriel Valley City of Rowland Heights
1764 SF on 8453 SF Lot - Built 1976

PROPERTY C
Defaulted 2nd Loan on 2 Story Single Family Home in
San Gabriel Valley City of Monterey Park
4 Bedrooms and 3 Bathrooms
2100 SF on 5993 SF Lot - Built 1979

Details

PROPERTY B
1764 SF on 8453 SF Lot - Built 1976

PROPERTY C
4 Bedrooms and 3 Bathrooms 2100 SF on 5993 SF Lot - Built 1979

Note Details

PROPERTY B
Original Loan Amount $1,000,000 from 4/2018
Current Interest Rate 14%
Loan Matured 11/2023
NOD Filed 7/2024
Payments behind over 387 days
Appraised Value $1,120,000

PROPERTY C
NOTE DETAILS
Original Loan Amount $1,000,000 from 5/2023
Current 1st Loan Balance $300,000
Current Interest Rate 14%
Loan Matured 11/2023
NOD Filed 7/2024
Payments behind over 120 days
Appraised Value $1,300,000

Current Unpaid Balance$1,540,000.00
Date UpdatedMay 31, 2025