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OFF MARKET Distressed Assets

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OFF MARKET Distressed Notes

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Photo
Property TypeMixed Use
LocationLos Angeles, California
TitleREDUCED OVER $1,000,000 - 2 Story 43 Room Hotel with 3 Retail Units
Summary

NOTE SALE REDUCED OVER $1,000,000 -
Defaulted 43 Room Hotel with 3 Retail Units/Parking Lot
Entitled for 225 Unit Mix Use High Rise Development
Located Blocks to Downtown Los Angeles
SELLER WILLING TO CARRY WITH 50% DOWN
FOR 5 YEARS WITH A YEAR END CLOSE

Current Unpaid Balance$10,870,000.00
Asking Price$9,500,000.00
Date UpdatedDecember 9, 2024