OFF MARKET ASSETS IN CALIFORNIA
SAN PEDRO, CA 90731 - 3 LOT SAN PEDRO LAND DEVELOPMENT
ASKING: $1,420,879 + FEES
We have available the NOTE for a Prime San Pedro Development of 3 lots in a commercial
zoned area that allows for the building of 15-29 condos. The property is in close proximity
to the San Pedro Waterfront and all the new revitalization projects in the area. It is
currently vacant with no rent control issues and with the current zoning their are
endless redevelopment possibilities. Currently the loan is in default with
back taxes owed and the lender is willing to sell at this time.
SUMMARY
LOT A - Light Industrial Building - 1462 SF Structure - 3874 SF Lot
LOT B - 1 BD/1 BA Single Family Home - 636 SF Home - 3873 SF Lot
LOT C - Vacant Single Family Lot - 3872 SF
Total SF of all lots 11,619
All Zoned LAC 2
Currently Vacant
Can Build 15-29 Condominiums or other possibilities
Located in Close Proximity to The San Pedro Harbor Waterfront
Lots of Revitalization in the immediate area
NOD FILED June 25, 2016
CURRENT UNPAID BALANCE
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RIVERSIDE, CA 92506 - MULTI-UNIT COMPLEX
ASKING: $1,500,000 + FEES
BELOW MARKET RENTS
We have available an OFF MARKET 12 Unit Multi Family apartment building located
in Riverside CA. The property is in good condition with 8 out of 12 of the units
recently rehabbed and with good rents with an upside and located in a
highly desirable area of the city. The buildings also has a new roof
about 3 month old and features a laundry facility and covered
parking. Seller is motivated and looking for serious offers
and may consider to carry with right down payment.
SUMMARY
12 Unit Multi Family
20 Bedrooms and 12 Bathrooms
Unit Mix (8) 2+1 & (4) 1+1
9440 SF
14180 SF Lot
2 Stories
Built 1960
100% Occupied
Monthly Income $10,200
Rents Below Market
Non Rent Control
Plus Laundry Income
Low Maintenance Fees
Units Individually Metered
Covered Parking
New Roof & Majority of Units recently rehabbed
Located off the 91 Near Riverside Plaza
Seller May Carry
Financing Available
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COSTA MESA, CA 92626 - INDUSTRIAL BUILDING
ASKING: $2,063,970 + 3% FEE
We have available the NOTE on a large freestanding industrial building located on a quiet
Cul de Sac in the business district of the city of Costa Mesa CA. The building features
private offices, showroom, warehouse space and drive up loading docks and
over 6000 SF of secured yard space. Currently the tenants are in default on
the payments as well as some back taxes owed and the lender
is willing to sell the note at this time and may discount.
SUMMARY
Freestanding Industrial Building
22208 SF
54886 SF Lot (1.3 Acre)
1 Story
20' Ceilings
Built 1978
FEATURES
Offices, Showroom and Warehouse,
Paved Lot for 56 Cars, Full Sprinkler System,
3 Ground Floor Loading Docks. 2 Dock High Loading Docks,
800 AMP Electrical Service and more...
Close proximity to the 405 and 55 Freeways
NOD Filed July 14, 2016
Current Default Interest Rate 9.56%
Monthly Payment $11,619
Back taxes Owed
Loan Matures 2/2041
Unpaid Balance
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PALOS VERDES ESTATES, CA 90274
ASKING: $1,500,000 + FEES
4 bedroom
3 bath
3836 square feet
9248 square foot Lot
ARV 2,100,000
Rehab 160K
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An NCND/MFA with a non-binding Letter of Intent and non-invasive Proof of Funds are the prerequisites that need to be submitted in order for additional details to be released to prospective clients.