San Diego, CA

$800,000

Single Family Residence

Residential Rehab

04/01/2016
Transaction by
Wilshire Quinn Capital, Inc.
In April 2016, Wilshire Quinn funded a $800K 1st trust deed private money loan secured by a house in San Diego, California. The loan was provided to a local real estate investor intending to rehab and then sell the property later this year. The property is located in the Point Loma neighborhood of San Diego. The single family residence consists of 2750 square feet, with four bedrooms and two baths. The property has ocean and bay views, and sits on over half an acre of land. The loan was funded in 4 days after the request for capital was made, as the borrower’s original lender could not fund the loan before close of escrow as initially promised.