$2,310,000 Multifamily Purchase Loan Long Beach, CA

Property Type

Loan Type

September 18, 2024

Experience the Future of Real Estate Financing with Rodeo Lending.

This fully occupied, two-story, 8-unit multifamily property has recently undergone renovations, making it a standout asset in the highly desirable Belmont Shore neighborhood of Long Beach, California. The property features eight one-bedroom, one-bathroom charming units with modern comforts. The borrowers came to us due to the time sensitive nature of their closing, and we seamlessly met their deadline. They will exit our loan with a long-term conventional refinance.

Property Spotlight:

  • Location: Long Beach, CA
  • Size: 4,468 gross building area on a 5,304 square foot lot
  • Features: 8 Recently renovated units
  • Location Advantage: Desirable neighborhood of Belmont Shore tat blends city and suburban living

Deal Highlights:

  • Proven Expertise: Proven track record as successful entrepreneurs with multiple thriving businesses.
  • Quick Closing: Rodeo’s financing solution empowers borrowers to prepare for financial success
  • Prime Location: Known as one of the best places to live in California
  • Bridge Loan Convenience: Rodeo’s flexible bridge loan offering allows you to navigate the transition period while you prepare for permanent financing.
  • Optimized Financing: Enjoy a favorable Loan-to-Value ratio, maximizing your financial leverage while minimizing risk exposure.

At Rodeo Lending, we redefine possibilities in real estate financing, empowering our clients to transcend boundaries and confidently realize their visions.

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