Brief Overview
Successful repeat MVI borrowers and business owners sought a 2nd TD business purpose cash-out loan secured by an owner-occupied Estate SFR in the highly desirable “Hollywood Hills” neighborhood, with panoramic ocean, downtown LA city, the Hollywood Sign and Griffith Observatory views. The funds will be used to pay off a current, and good standing business purpose 2nd TD that is maturing.
Property Description:
This Spanish-styled, 3 story, residential estate with panoramic city and hillside views is located in Los Angeles, California, within the highly desirable Hollywood Hills neighborhood, just north of Hollywood and in close proximity to Mulholland Drive and the Hollywood Sign. The property sits on 21,260 SF lot, 4,923 SF living area, including 4 bedrooms, 4.5 bathrooms, and a total of eight rooms. The property features wood beam ceilings, an elevator servicing multiple levels, guest quarters, skylights, and three fireplaces. The property also offers a pool and spa, mature landscaping, recessed lighting, modern kitchen appliances, and dual-pane windows. Exterior improvements include a paved driveway, iron fencing, and an attached garage.
The $6,400,000 value is supported by recent sales of similar homes in the immediate Hollywood Hills area. The appraiser compared the subject property to nearby closed and pending sales with similar lot sizes, views, quality, and high-end features, then made market-based adjustments for differences such as square footage, views, condition, and amenities like the elevator, guest quarters, and pool. After these adjustments, the comparable sales consistently support a value in the low-to-mid $6 million range, with most indicators falling between $6.3M and $6.45M. The cost approach was also reviewed and produced a value consistent with the final conclusion, providing additional support. Unlike Zillow, which relies on automated models and limited public data, this appraisal is based on a physical inspection and detailed analysis of the property’s unique characteristics and true market comparables. As a result, the $6,400,000 appraisal reflects the value this specific home and is a more accurate and reliable indication of market value.The 1ST TD loan of $3,445,000 is in good standing, with a fixed interest rate of 4.210% with a monthly PITI payment of $19.975, maturing September 2049.Overall, the property represents a well-located hillside estate in a supply-constrained residential market with strong long-term value fundamentals. The appraisal concluded an “as-is” market value of $6,400,000 as of January 28, 2026. The location is very well-located Holywood Hills neighborhood, near many restaurants, parks, convenient access to major transportation routes, shopping, and recreational amenities, contributing to the property’s long-term desirability and value stability.
What we like about this Trust Deed opportunity:
- Repeat, successful, MVI borrowers and business owners
- Desirable location estate SFR with panoramic ocean, city and hillside views
- Low fixed 4.2% interest rate 1st TD; net protective investor equity $2,265,000
- 6 months Guaranteed Interest
