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Photo
Property TypeMultifamily (2-4)
LocationLos Angeles, California
TitleNewly Renovated Duplex Located in Desirable Area of Mid Wilshire Available
Summary

Defaulted Newly Renovated Duplex in Desirable Mid Wilshire - Olympic Park Area of LA
5 Bedrooms and 4 Bathrooms
3470 SF on 5030 SF Lot - Zoned LAR 3
10 Minutes to Ktown and 17 to West Hollywood
Great Walk Score of 83

Details

This beautifully restored duplex is nestled in the heart of the sought-after Mid-Wilshire neighborhood of LA. This stunning property seamlessly blends historic charm with modern amenities, offering an exquisite living experience. Attention to detail and thoughtful design make this duplex a true gem in one of LA's most vibrant communities. Unfortunately loan is due and now in maturity default with NOD.

Note Details

Original Loan Amount $1,350,000
Original Interest Rate 10.75%
Current Default Rate 18.75%
Maturity Date June 2024
NOD Filed 7/2024
Appraised Value $2,200,000
PER DIEM $703.13

Current Unpaid Balance$1,480,122.00
Date UpdatedDecember 11, 2024