Updated Oct 10, 2026
Financial Partners Credit Union Provides $3.115M Cash Out Refinance On Mixed-Use Asset In Los Angeles
2195 Whittier Boulevard
$3,115,000
$204/SF
Building Size
15,244 SF
Asset Type
Mixed-use
Closing
Apr 2, 2025
About this deal
AI
The property involved in this transaction is a mixed-use asset located in Los Angeles, with a total square footage of 15,244. The loan amount for refinancing this asset is $3,115,000, structured as a cash-out refinance for a term of three years fixed at an interest rate of 6.25%, including a step-down prepayment option.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $3,115,000
- Lender: Financial Partners Credit Union (FPCU)
- Broker: Brian Asheghian - Convoy Capital
- Loan Type: Refinance
- Loan Terms: Cash Out Refinance for 3 Years Fixed at 6.25% with Stepdown Prepay
Brian Asheghian from Convoy Capitalrepresented the broker side of this transaction, facilitating the refinance with Financial Partners Credit Union (FPCU) as the lender for this mixed-use property deal.
On the Map
$3,115,000
$204/SF
Mixed-use
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Players
Los Angeles Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.09%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93