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1856 Foothill Boulevard

Khaled Tizani Of Loan Titan Inc Facilitates $2.925M Purchase Loan For Single Family Property
FINANCEDSingle Family

Khaled Tizani Of Loan Titan Inc Facilitates $2.925M Purchase Loan For Single Family Property

1856 Foothill Boulevard

$2,925,000

Building Size

Asset Type

Single Family

Closing

Feb 29, 2024

AI

The single-family property located at 1856 Foothill Boulevard in La Cañada Flintridge, CA, was involved in a purchase transaction with a loan amount of $2,925,000. The loan was provided by Loan Titan Inc, with Khaled Tizani from Loan Titan Inc serving as the loan originator. The loan type was a Bank Statement Jumbo Loan.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,925,000
  • Address: 1856 Foothill Boulevard
  • Market: La Cañada Flintridge, CA

Khaled Tizani, representing Loan Titan Inc, facilitated the $2,925,000 purchase loan for the single-family property. The loan, structured as a Bank Statement Jumbo Loan, provided the necessary financing for this real estate transaction.

Players

Khaled Tizani

Loan Titan

Broker

$2.9M

vol

1 deal

Broker
Loan Titan
Loan Titan Lender

La Canada Flintridge Single Family Market Snapshot

Boundary boundary · Single Family · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.42%

Cash-on-Cash

-1.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93