This loan is a first deed of trust on a single-family residence and ADU in San Pedro, CA. San Pedro, California, is a vibrant coastal community within the city of Los Angeles, known for its deep maritime roots, diverse culture, and scenic beauty. Situated at the southern tip of the Palos Verdes Peninsula, San Pedro serves as the home to the Port of Los Angeles—the busiest container port in the United States—which significantly shapes the local economy and character. The area blends historic charm with modern revitalization, featuring a mix of early 20th- century architecture, working-class neighborhoods, and newer waterfront developments. The Borrower purchased the property in 2022 for $525,000 and spent approximately $500,000 in renovating the entire property. She gutted it completely and converted the garage to an ADU. The main house and ADU are both leased and generate $5,200 per month in rental income. The purpose of the loan is to provide cash out for the Borrower to purchase another investment property. She intends to renovate it and keep it as a long-term rental or sell it. The Borrower will pay off the loan from the sales proceeds of another investment property. The Borrower is a married woman and self-employed real estate investor and property manager. She owns 13 properties, including her primary residence. The properties have an estimated total value of $17,900,000, with approximately $11,757,000 in protective equity. They bring in a monthly income of $60,100, and after monthly expenses, the Borrower nets $22,800 per month. She has strong financials showing $227,159.57 in one bank account. The Borrower’s FICO score is 668. The loan will have a maturity in 24 months.