$$$   $350K FIRST TRUST DEED FOR SALE   $$$

12% Interest Only Monthly Payments at $3,500.00

Address:                     16400 Mockingbird Canyon Road, Riverside, CA

Jurisdiction:                Unincorporated area of Riverside County, California

Property Value:          $2,000,000.00  (Two Million US Dollars)
                                     

Loan to Value:            18% First Trust Deed

Surplus Equity:                       $1,650,000.00

Description:              Approximately 4 (four) acres of commercial land

                                     located in Riverside County, California, bordering Van Buren

                                     Blvd. and Mockingbird Canyon.

APN:                    271-110-015-4

Security:               First Trust Deed

      

Zoning:                  Commercial – Income Property, not vacant land

Lot Size:               Approximately 4 acres located on Mockingbird Canyon,  
  approximately 1500 feet south of Van Buren Ave.

Existing Rent(s):   Billboard rental income of approximately $335 per month, paid bi-annually, in process of higher rent renegotiation.

This is a First Trust Deed via a Subordination Agreement. 

This is Principal to Principal transaction. No commissions paid.

Contact Dez at Phone:  (951) 283-0557 or

Email:     Ten4LasVegas@yahoo.com