Updated Sep 11, 2026
Union Home Loans Provides $1.89M Construction Loan For SFR In Glendale
2551 N Verdugo Rd Glendale, CA 91208, USA
$1,890,000
$164/SF
Building Size
11,508 SF
Asset Type
Single Family Residence
Closing
May 24, 2023
About this deal
AI
The property involved in this closed transaction is a single-family residential (SFR) located at 2551 North Verdugo Road in Glendale. The property has a size of 11,508 square feet.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Date: 05/24/2023
- Address: 2551 North Verdugo Road, Glendale
- Market: Glendale
- Asset Square Footage: 11,508
The lender involved in this transaction is Union Home Loans. The landlord of the property is Art Golestian. The broker who facilitated the deal is Jennifer Lopez from United Finance & Investments Inc.
The loan amount for this transaction is $1,890,000. The loan type is a construction loan, specifically a construction completion loan.
On the Map
$1,890,000
$164/SF
Single Family Residence
View full map
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
Loading comparables…
Deal FAQ
Visit Jennifer Lopez to view all their deals.
Browse Los Angeles single family residence loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.39%
Cash-on-Cash
-2.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93