LTV 51%

8407 Reseda Ave, Fontana CA.

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Investment Summary

Land Buildout 

This single family residence is a 4 bedroom, 3 bathroom home that is 2116 square feet and sits on an 10,000 acre lot.


Independent third party appraisal commissioned by Trinity Homes shows an After Market Value of $480,500 and an Investment  $245,040 for Address. The LTV is 50% 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 Fontana 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. 

This property will be constructed from top to bottom. Including but not limited to: 1) new two-tone paint inside and out 2) new baseboards 3) new kitchen cabinets, granite, and backsplash 4) new flooring throughout with a combination of tile/wood and carpet 5) new bathroom remodel 6) new finishes 7) new doors 8) minor landscaping 9) *new windows 10) *new water heater 11) new light fixtures 12) all FHA safety and required repairs.

$245,040 funded of $245,040