Dec232025

Brief Overview

Loan Description

Borrower and real estate owner sought a $225,000 business purpose 2nd Trust Deed cash out loan on this non-owner and owner occupied well-maintained 4-unit multifamily investment property building located in Dana Point, Orange County, CA—approximately one mile from Dana Point Harbor and walking distance to local shops and restaurants. The borrower will be using the loan proceeds for minor property improvements to the exterior and rental units. Exit: Refinance.
The borrower’s 1st mortgage is current and in good standing with Freedom Mortgage and has a principal balance of $1,269,691 with a low principal and interest fixed interest rate of 3.25% maturing December 2051. The total monthly payment including taxes and Insurance is $6,019.

Property Description

The property is a traditional-style coastal two-story multifamily building consisting of four units. The property is located in a desirable suburban coastal area within walking distance to local shops and restaurants and just about a mile from Dana Point Harbor. The building contains a total living area of 3,281 square feet, encompassing 12 total rooms, 6 bedrooms, and 5 bathrooms across the four units. Unit A is a 500-square-foot studio with one bathroom, an updated kitchen, and access to a private backyard. Unit B is a 750-square-foot, two-bedroom, one-bath unit that includes a family room, dining area, remodeled kitchen, and its own backyard. Unit C, also 750 square feet, offers two bedrooms, one bathroom, kitchen, a family room, and a private patio. Unit D is the largest unit at 950 square feet, featuring three bedrooms, two bathrooms, a spacious family room, dining room, updated kitchen, and private patio. Additional features include a shared laundry room, with 4 car garage. Borrower lives in the small studio unit and the other 3 larger units are rented out earning $9,475 a month in income.

What we like about this Trust Deed opportunity:

  • Good condition Multifamily in high-demand coastal market of Dana Point, CA
  • Protective Net Investor Equity $812,903
  • Low fixed 3.25% PI rate on 1st TD mortgage
  • 6 months Prepaid Interest
  • 3 months Guaranteed Interest

$225,000 2nd TD @ 12.00%, 4Plex, CO, 64.99% CLTV, 24 mo., NOO, $45,000 Min., Dana Point CA