facebook
Traded Co logo
Submit

Logan Investments Provides $8M 1st Trust Deed Loan For SFR On Franklin Ave. In Los Angeles

Property Image
FINANCED
$8,000,000

California

See Similar Deals
Single Family Residence7,640 SF
Financed 08/10/2021
the dealplayerscompscontact
Property Image
FINANCED

Logan Investments Provides $8M 1st Trust Deed Loan For SFR On Franklin Ave. In Los Angeles

8517 Franklin Avenue, Los Angeles, CA 90069

See Similar Deals
Single Family Residence7,640 SF
Financed 08/10/2021
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,047
Total Square Footage:7,640 SF
Transaction Type:Loan

On August 10, 2021, a loan transaction took place for a single-family residential property located at 8517 Franklin Ave in Los Angeles. The property spans approximately 7,640 square feet.

Summary of transaction details:

  • Property Type: Single-Family Residential
  • Transaction Amount: $8,000,000

The loan was provided by Logan Investments, represented by Ron Sentchuk. The loan is a 1st Trust deed loan with an interest rate of 7.99% and a term of 12 months.

The landlord of the property is GB Management, represented by Barbara Lieb. Ron Sentchuk served as the broker in this transaction.

Players

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

Details

FINANCED
IMAGE: Ron Sentchuk DATE: 08/10/2021 ADDRESS: 8517 Franklin Ave. MARKET: Los Angeles ASSET TYPE: SFR ~ SF: 7,640 LENDER: Logan Investments (@Logan_Investments_) ([email protected]) LANDLORD: GB Management - Barbara Lieb BROKER: Ron Sentchuk (@RonLogan123) LOAN AMOUNT: $8,000,000 LOAN TYPE: 1st Trust deed loan LOAN TERMS: 7.99%. 12 months

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$8,000,000.00

Monthly NOI$53,333.33
Monthly Debt Service$50,565.44
Change in Cash Flow$0.00
Refinance Proceeds$0.00