Skip to content
Classifieds

User Stats

229
Posts
15
Votes
Jensen Jeune
  • Investor
  • Everett, MA
15
Votes |
229
Posts

OFF MARKET ASSETS IN CALIFORNIA

Jensen Jeune
  • Investor
  • Everett, MA
Posted Sep 4 2016, 05:40

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

=====================================================

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

=====================================================

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

=================================================

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

=================================================

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.

Offering