The mixed-use property located at 4803 West 121st Street in Hawthorne, with a total square footage of 2,265, was acquired for $1,049,000. The loan amount secured for this acquisition was $944,100. The financing structure consisted of a 50% 1st mortgage provided by Business Finance Capital CDC administered by Lee Kleinman and a 40% 2nd mortgage provided by the SBA.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,049,000
• Market: Hawthorne
• Lender: Lee Kleinman - Business Finance Capital CDC
• Landlord: Joubin Nasseri
• Landlord's Rep: Sam Alishahi - KW Commercial SoCal
• Loan Type: Acquisition Loan
• Loan Terms: Owner-user purchase through the SBA 504 program

Sam Alishahi, representing Joubin Nasseri in the transaction, played a crucial role in facilitating the acquisition loan. The collaboration between Lee Kleinman of Business Finance Capital CDC and Sam Alishahi of KW Commercial SoCal ensured the successful financing of this property purchase through the SBA 504 program, providing favorable terms for the buyer.