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LTV 79%

4222 Acacia Ave, Norco

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Investment Summary

This Norco home located conveniently next to THE 15 FREEWAY has been completely redone. Featuring 3 nicely-sized bedrooms and 2 full bathrooms, sitting on a large lot. 

This home has new paint inside and out, new granite counter tops accompanied by new cabinets and tile in the kitchen and bathrooms is new. Carpet and padding has just replaced the old and both bathrooms have been entirely remodeled. Artistic doors have replaced the old ones throughout the property, baseboards have been replaced, and newly seeded grass and other upgrades to the landscaping have been done. Replacement to some of the pluming and electrical was also done. 

$287,000 funded of $287,000

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Q&A Click the question for an answer!

  • Question:

    Please explain the difference in the purchase price cited in the appraisal and what is listed on the offering page.

    Answer by Patch of Land

    The borrower purchased a 50% ownership stake in the subject property for $945,600. On 09/21/2015, the borrower purchased an additional $650,000 of equity, increasing their total ownership stake to 82.5%, in the subject property. This change increased the purchase price to $1,560,240.

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