Business owner and 17-year property owner was seeking a business purpose cash-out 2nd TD on this owner occupied condo in Santa Monica to invest back into her casting agency, AYC Casting, LLC.
Subject property is a single-story condo in a two story building. Subject is 874 sqft with 2 BR/1 BA and a detached 1-car garage and 1 additional parking space. Property is conveniently located near the 10 FWY. There is an abundance of shopping, restaurants, parks and schools very close to the subject property, including Virginia Park and Santa Monica College campus.
Recent Transaction – $126,000 Business Purpose Cash Out Refi- Santa Monica
