Rodeo Capital, Inc. Closes a $1,425,000 Land Refinance Loan in Los Angeles CA.
The subject property is a 13,752 square foot lot located in the most exclusive part of Bel Air directly across the street from a newly constructed estate that is now listed for sale for $250,000,000 and may be the most expensive home in Los Angeles. The borrower refinanced their property to take cash out and obtain permits and plans to make the project ready for their construction loan. The property has fantastic views overlooking Los Angeles and the Bel Air Country Club Golf course.
- 52% Loan to Value
- 2 Week Closing
