Refinance Bridge Loan for La Jolla San Diego Rental Home

Funded by Wilshire Quinn Capital, Inc.

La Jolla, CA


Single Family Residence


Transaction by
Wilshire Quinn Capital, Inc.
$990K First Trust Deed loan in La Jolla, San Diego County, California. The home is used as a rental property and the loan allowed the borrower to pull cash out for business purposes. Located in the Muirlands area of La Jolla, the single family residence consists of 3 bedrooms, 3 baths and 2,240 square feet, on a half-acre lot. The property was appraised last month for $1,650,000, giving the Wilshire Quinn Income Fund a total loan to value of 60%. This loan was funded in February 2017.