Real estate investor and registered nurse sought a 1st TD to purchase this Lake Hughes non-owner investment property.
Property is a 6 unit apartment development. The subject property consists of five detached cottage-styled units and a detached single family residence. There is a detached community laundry room. The property contains a total of 1,608 sf with a total lot area of 28,478 sq or a total of 0.65 acre. The subject has open parking with more than enough spaces for conforming parking. The property is located in Lake Hughes which is a rural and an unincorporated community in Los Angeles County, close to the foothills of the Sierra Pelona Mountains, northwest of Palmdale and north of the Santa Clarita Valley, in the Angeles National Forest.
What we like about this Trust Deed opportunity:
- Non-owner occupied investment property
- 65.00% LTV
- 9 months Guaranteed Interest
- 100% Occupancy
$211,250 1st TD @ 10.25%, 65.00% LTV, Purchase, Multi-Family, NOO, 24 Mos Term, Lake Hughes
