Large Single Family in Encino Featured
Encino, Los Angeles, CA, USA
Property Type
Funded / Residential
Length
12 Months > Term
Appraised Value
$5,700,000 Appraised Value /
LTV
46%
About this Property
Seller foreclosing on home. House has been on the market for a while due to structural damage. Bank selling it significantly under value to get it off their hands in the buyer’s market. Will be using funds for foreclose purchase as well as for a construction loan on the structure. I, myself, have a construction company so less funds will be needed due to everything being done at cost.
Listing Details
- Term: 12 Months
- Appraised Value: $5,700,000
- LTV: 46%
- Status: Vacant
- Property Type: Funded / Residential
- Listing Type: SFR
- Building Size: 6,000sqft
- Land Area: .8 acres
- Occupancy: 0%
- Number of Units: 1
Financials
- Loan Amount: $2,600,000.00
Client Information
- Has the client used private money in the past?: Yes
- Has the client had any banckruptcy in the last 5 years?: No
Details
Loan Purpose
- Construction Loan
- Foreclosure
Role
- Contractor
- Investor
Listed by shah
- Profile Status
- Verified
