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Logan Investments Provides $2.5M 2nd Trust Deed Loan For Pacific Palisades SFR

Property Image
FINANCED
$2,500,000

California

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Single Family Residence5,823 SF
Financed 09/09/2021
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Property Image
FINANCED

Logan Investments Provides $2.5M 2nd Trust Deed Loan For Pacific Palisades SFR

1476 Amalfi Drive, Pacific Palisades, California 90272, United States

See Similar Deals
Single Family Residence5,823 SF
Financed 09/09/2021
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$429
Total Square Footage:5,823 SF
Transaction Type:Loan

Located at 1476 Amalfi Drive in Pacific Palisades, this single-family home offers a spacious living area of 5,823 square feet. The property was involved in a recent closed transaction and is visually captured in an image by Ron Sentchuk.

Summary of transaction details

  • Property Type: Single-Family Home
  • Market: Pacific Palisades
  • Loan Amount: $2,500,000
  • Loan Type: 2nd Trust Deed SFR
  • Loan Terms: 2nd trust deed, 12 Months
  • Lender: Logan Investments ([email protected])
  • Landlord: Brian Cites
  • Broker: Ron Sentchuk

Distinctly, Brian Cites is the landlord of this property, and the loan amount for this transaction is $2,500,000. The loan type is a 2nd Trust Deed SFR with a term of 12 months. Ron Sentchuk, a representative from Logan Investments, acted as the broker in facilitating this deal.

Players

Ron Sentchuk
Ron Sentchuk
16 deals$143.7M volume
BROKER
Logan Investments
Logan Investments
LENDER

Details

FINANCED
IMAGE: Ron Sentchuk DATE: 09/09/2021 ADDRESS: 1476 Amalfi Drive MARKET: Pacific Palisades ASSET TYPE: SFR ~ SF: 5,823 LENDER: Logan Investments (@Logan_Investments_) ([email protected]) LANDLORD: Brian Cites BROKER: Ron Sentchuk (@RonLogan123) LOAN AMOUNT: $2,500,000 LOAN TYPE: 2nd Trust Deed SFR LOAN TERMS: 2nd trust deed, 12 Mos

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$2,500,000.00

Monthly NOI$16,666.67
Monthly Debt Service$15,801.70
Change in Cash Flow$0.00
Refinance Proceeds$0.00