A Hard Money Loan Closed On An Income Producing Property In Inglewood, CA 90301
A hard money loan closed on an income producing property in Inglewood, CA 90301.
This working capital loan against an investment property provided recapitalization and reserves for the borrowers’ business.
Inglewood is a city in southwestern Los Angeles County, California, United States, in the Los Angeles metropolitan area. As of the 2020 U.S. Census, the city had a population of 107,762. It was incorporated on February 14, 1908. The City's reputation and its accessibility to major freeways and Los Angeles International Airport made it an attractive business investment and an ideal location for the rapidly expanding air freight business. High rise office buildings began to go up, with the newest being the 14-story, $50 million Trizec building on La Cienega near Century Boulevard.
Purpose – Working Capital
Loan-to-Value (As Is): 45%
First Trust Deed
36 Month Term
Principle & Interest Payments
Los Angeles County, CALIFORNIA
PRINCIPAL AMOUNT: $250,000.00