This loan is a second deed of trust on a single-family residence in Honolulu, HI. The subject is a 3,053 square foot home that sits on a 16,495 square foot lot featuring 3 bedrooms, 3 bathrooms, a beautiful pool, and wet bar! The house is very typical of old Hawaii, everything on one level, except a sunken living room, giving a very warm feeling upon entering. The home has lots of big windows and nearly every room in the home has a vaulted ceiling, giving it a spacious feeling throughout. This vacation rental home in Kahala is in close proximity to some of the best parts of Oahu. It’s walking distance to the beach, a short two-mile drive to Diamond Head state park, and the bustling city of Waikiki. The property is currently used as a vacation rental. The rental rate typically ranges between $900-$1,400 per night depending on the season. In 2018, the property generated a total revenue of approximately $184,000.
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Important Investment Disclosures:
Important investment disclosure. Your investment will be either directly or indirectly secured by real estate. You may receive a direct interest in a promissory note and deed of trust as a fractionalized interest as a tenant in common, as a single beneficiary, or, your investment may be in the form of a membership interest in a limited liability company formed for the specific purpose of funding a loan. Nothing in this announcement constitutes an offer to sell or a solicitation of an offer for investment. An offer is made only by the offering circular and material disclosure package. Past performance is not an indication of future results. We strongly recommend before making an investment decision that you thoroughly read the contents of the entire loan material disclosure package. You are encouraged to consult with your own tax and financial advisers before investing. Investments are NOT insured by any government agency and are NOT guaranteed. Investments offered through So-Cal Capital, Inc. are not liquid, not transferable, and involve substantial risk, including the possible loss of all principal.