The non-recourse 2,712,000 Freddie Mac loan carries a 10-year term, a fixed interest rate, and a 30-year amortization period. Built in 1991, the property on Vanowen Street is a 17 unit garden-style property offering two-bedroom apartments. Located in Van Nuys-North Sherman Oaks Community Plan Area in the city of Los Angeles, the property is conveniently located to surrounding businesses within the San Fernando Valley.
Multifamily Property in Los Angeles
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Property Type
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Loan Amount$2.7 million
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Financing Option