Real estate investor and 30-year FedEx employee was seeking a cash-out 1st TD on this LA non-owner occupied investment property to make improvements and updates to the same property.

Property is a 2-story, 3 bedroom / 1.5 bath SFR located in Leimert Park neighborhood of Los Angeles. The property measures 1,671 sf of gross living area and is situated on a 5,998 sqft lot.  Property is conveniently located near the I-10 as well as schools, restaurants, shopping, recreation and medical facilities.  Property is currently rented for $1,200/month.

Recent Transaction – $125,000 Business Purpose, LA, CA 90008

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