Los Angeles, CA

$1,402,000

Multifamily

Residential Rehab

09/19/2018
Transaction by
RCN Capital
An experienced investor was looking for the funds to renovate this 6-unit apartment building in Los Angeles. RCN Capital was able to provide a loan at 66% of the After-Repair Value and 100% of the renovation costs. Once the project is complete the investor anticipates a 25% return-on-investment.