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4803 West 121st Street
FINANCED

Sam Alishahi Represents Joubin Nasseri In $944.1K Acquisition Loan At Hawthorne

4803 West 121st Street

Mixed-use
2,265 SF
clock iconFinanced 27 days ago
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Summary

Loan
CALIFORNIA
Mixed-use
2,265 sqft

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.

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Sam Alishahi's profile picture
Sam Alishahi
Keller Williams -image
Real Estate Agent
$13M Sold

Details

Deal Summary
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FINANCED
IMAGE: Lee Kleinman & Sam Alishahi DATE: 03/11/2024 ADDRESS: 4803 West 121st Street MARKET: Hawthorne ASSET TYPE: Mixed-use ~ SF: 2,265 LENDER: Lee Kleinman (@BusBnkr) - Business Finance Capital CDC (@BFCFunding) LANDLORD: Joubin Nasseri LANDLORD'S REP: Sam Alishahi (@AlishahiSaman) - KW Commercial SoCal (@KWCommercialSoCal) LOAN AMOUNT: $944,100 LOAN TYPE: Acquisition Loan LOAN TERMS: This was an owner-user purchase through the SBA 504 program where the bank provided a 50% 1st mortgage and the SBA will provide a 40% 2nd mortgage. This mixed use office/residential building consists of 2,265 SF situated on a 5,553 SF lot and traded for $1,049,000.

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Address4803 West 121st Street

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