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Crescent Lenders Funds

$535K Private Money Purchase Loan

Los Angeles

About The Deal

The borrower needed a private money loan for the purchase of this triplex which consists of three oversized units in the West Adams part of Los Angeles, located near The University of Southern California. 

The property is very well located and in a strong rental demand market. 

The borrower is an experienced investor with a very good track record and has been a Crescent Lenders client for over 4 years. 

There will also be a 2nd position bridge loan for $164,000 by a different private money lender. 

The buyer put down 15% (making some light improvements) and will refinance or sell the property within 4 to 12 months.

Multi Family Apartment Triplex in Los Angeles
Amount
$535,000
Location
Los Angeles, Los Angeles
Rate
9.2%
LTV
65.0%
Term
12 months
Type
Purchase
Residential
Multi-Family Apartment Complex
Exit Strategy
Sell the property

Looking for a Purchase Loan Near Los Angeles?

Crescent Lenders is a top rated private money lending company providing loans in and around The Los Angeles area.

We have been providing loans to commercial, residential and industrial California real estate investors for over a decade.

Looking to purchase a multi-family property in Culver City but don't meet the stringent requirements of a traditional bank loan? Crescent Lenders can help.

We specialize in providing private money loans to help you acquire the property of your dreams.

Our team of experts can work with you to find the right loan that suits your unique financial situation. Whether you're a first-time investor or a seasoned veteran, trust us to help you secure the financing you need to succeed in the highly competitive Los Angeles real estate market.

Take a look at our Los Angeles private money loan programs to see how we can help with your investment needs.

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Email
info@crescentlenders.com
Phone
213-474-3131
Send Us A Message
FAST FLEXIBLE FUNDING
Between $200k and $2 million dollars
Nationwide private lender (not a broker, avoid the extra fees)
Funding loans such as purchase, refinance, rehab, probate, 1031 exchanges, cash-out
All types of investment properties considered, residential, commercial and industrial
Crescent Lenders

Suite #116, 999 Overland Ave

Los Angeles, California

90064

Disclaimer: Crescent Lenders, DBA CrescentLenders.com ("CL") is a California licensed broker under California Bureau of Real Estate License No. #01792267. Regardless of this license, CL considers itself a “finder” for applicable laws and regulations (California Business & Professions Code § 10130, et. seq.).