Sash Sepehran & Daniel Zand Provide $3.8 Million Construction Loan For Manhattan Beach Home
$3,800,000
$950/SF
Building Size
4,000 SF
Asset Type
Single Family Residence
Closing
Aug 26, 2025
AI
The transaction involves a single-family asset with a total square footage of 4,000. Located in Manhattan Beach, this property is part of a ground-up construction project, emphasizing a contemporary design with a two-story layout and a basement.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $3,800,000
- Lender: Sash Sepehran & Daniel Zand
- Lender Agency: Shawbrook
- Loan Type: Construction
- Loan Terms: 18 Months
- Loan Amount: $3,800,000
- Loan Details: 85% LTC, Full vertical financing, Closed in 2 weeks
Sash Sepehran and Daniel Zand, representing Shawbrook, facilitated the financing for this construction project, which aims to create a spec home. Their expertise in processing loans expedited the closure within a short timeline, reflecting a strong commitment to efficient transactions in the real estate market.
Players
Manhattan Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93