At a Glance

Carlsbad, CA

Property Type Luxury Home
Security 1st Trust Deed
Loan $2,500,000
Value $5,000,000
LTV 50%
Term 12 months

The subject property is a beachfront luxury home in Carlsbad, CA.  The 3,400 square foot home has 60+ feet of beach frontage and direct access with permitted stairs.  The borrower approached Hamilton Ridge for a $2,500,000 loan to purchase and renovate the property.  After renovations, the home sold for over $5,000,000.