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Photo
Property TypeIndustrial
LocationLos Angeles, California
TitleSubstandard Loan on Vacant Industrial Cold Storage Warehouse with Gated Lot in San Gabriel Valley City of La Puente
Summary

Substandard Loan on VACANT Commercial Cold Storage Warehouse with
Gated Lot in San Gabriel Valley City of La Puente

Details

PROPERTY DETAILS
1 Story - 11440 SF on 20688 SF Lot - Built 1989 and Renovated 2015
Available is a senior first position loan on a single story commercial warehouse
located on a corner lot in a commercial area. Warehouse is in great condition
and USA Licensed Ready and equipped with cooler and freezers with floor
drainage and grease receptacle traps and is perfect for poultry use.

Note Details

Original Loan Amount $1,690,000
Current Interest Rate 9.00%
Maturity Date 10/10/2027
Valued at $2,600,000

Current Unpaid Balance$1,322,065.00
Date UpdatedApril 3, 2025