Brief Overview
Borrower and business owner sought a $1,390,000 business purpose 2nd Trust Deed cash out refinance loan on this owner-occupied, fully renovated SFR very well located in prestigious Beverly Hills, Los Angeles County, CA. The borrower will be using the loan proceeds to pay off an existing and in good standing $478K 2nd TD. The balance of the loan proceeds will be used to take borrower’s software product to market.
The borrower’s 1st mortgage is current and in good standing with Chase Bank and has a principal balance of $1,531,928 with a low fixed interest rate of 2.85% until February 2051. The total monthly payment including taxes and Insurance is $7,081.
Property Description
The property located in Beverly Hills, CA is a single-story, Spanish-style single-family home appraised at $4,500,000 as of September 24, 2025. Situated on a 5,985 sq. ft. lot with 2,643 sq. ft. of living area, it features 7 rooms, 3 bedrooms, and 3 bathrooms. The SFR was fully renovated in 2020, the residence offers high-end finishes, modern systems, and desirable amenities including a pool, spa, and BBQ area. Located in a stable, high-demand Beverly Hills neighborhood, the property benefits from proximity to schools, shopping, and UCLA. This SFR sits in one of Los Angeles’s most prestigious real estate markets. The property’s Beverly Hills location and renovated condition, the value aligns with recent sales trends in the area.
What we like about this Trust Deed opportunity:
- Fully renovated SFR in Beverly Hills, CA
- Protective Investor Equity $1,624,985
- 12.00% Lender Rate
- 2.85% Low Fixed 1st TD Mortgage in good standing
- 6 months Prepaid Interest
- 3 months Guaranteed Interest
