LTV 41%

5360 Hermosa, Alta Loma

View the Property
Investment Summary

This unique property will be subdivided in 6 and 1/2 acre lots. (it currently has over 4 acres) at which point the existing home will be, for all intensive purposes, demolished and then have square footage built and added to it, along with another guest home making the main home approximately 3,000 SQFT, and the separated guest home approximately 1,000 SQFT.

This parcel is currently owned by Trinity Homes. The funds will be used to build out a BlueTop Lot.  

Independent third party appraisal commissioned by Trinity Redevelopment shows an After Market Value of $2,400,00 and an Investment  $1,000,000 for Address. The LTV is 41% and is in line with the data we found during our due diligence process. The valuation report shows the residential market surrounding all underlying properties in this area of Alta Loma is neutral and supply outweighs demand, and the residential market surrounding all underlying properties in this area of San Bernardino County is stable and supply and demand are in balance.  

$1,000,000 funded of $1,000,000