This loan is a first deed of trust on a four-unit multifamily property in Huntington Beach, CA. Known for its coastal setting, extensive beaches, recreational amenities, and established residential neighborhoods, Huntington Beach is one of Orange County’s most recognized communities. The city combines coastal living with convenient access to employment, retail, dining, entertainment, and business centers throughout Orange County.
The subject property is a well-maintained, two-story multifamily investment property located in a residential neighborhood of west Huntington Beach, within close proximity to the Pacific Ocean and the city’s coastal amenities. Originally constructed in 1977, the property contains approximately 4,294 square feet of living area situated on an approximately 7,878-square-foot lot. The four-unit property offers a combination of one-, two-, and three-bedroom floor plans designed to accommodate a broad tenant base. Amenities include on-site parking, common laundry facilities, landscaped grounds, and private outdoor areas for select units.
The loan will have a maturity of 24 months.