21820 Burbank Blvd. #250, Woodland Hills, CA 91367

818.707.3452

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Investments

Long Beach Industrial Grow

Availability:

SOLD OUT

Address:

2309 Long Beach Ave., Los Angeles, CA 90058

Property Type:

Industrial

LTV:

65%

Occupancy:

Non-owner occupied

Loan Amount:

1.3M

Investor Yield:

9.5%

Appraised Value:

2M

Term:

5 years

Comments:

The borrowers purchased a 4300 SQFT industrial grow for 2M. The 2M valuation is solely off the property, but the grow license attached to the location is also very valuable. One of the borrowers has excellent credit and the other good credit. Please reach out for more information or details.

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