Karen DeGasperis REALTOR

OFF MARKET Distressed Assets

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Portfolios of single family homes, development opportunities, multifamily, healthcare, apartment buildings, commercial including shopping centers and offices, notes, REOs. 

To obtain financials and more details, Proof of Funds (POF), Letter of Interest (LOI) and NDA will be required.

Photo
Property TypeOffice
LocationLos Angeles, California
TitleSubstandard Performing Loan on Commercial Office Building with Large Lot for Parking near Cal State LA
Summary

Performing Loan on Commercial Office Building with Large Parking Lot
in East Los Angeles blocks to Cal Sate LA

Details

9760 SF on 31,2080 SF Lot - Built 1948
This is a senior 1st first position loan on a 2 Story commercial/office on
a site just east of downtown near Cal State LA. Property features
a large adjacent fenced in lot and located in a commercial area
with very easy access to the 10 and 710 Freeway.

Note Details

Current Loan Amount $1,150,000
Current Interest Rate 7.825%
Monthly Payment $7500
Maturity Date 9/30/2025
Valued at $3,800,000

Current Unpaid Balance$1,158,077.00
Date UpdatedApril 3, 2025