Topanga Canyon/Santa Monica Mountains

Off Market in Topanga Canyon/Santa Monica Mountains

Off Market in Topanga Canyon/Santa Monica Mountains

NOTE SALE - REDUCED $400,000
SELLER LOOKING FOR YEAR END CLOSE
Defaulted Luxury Single Family Home in The Santa Monica Mountains with Gorgeous Ocean, Mountain, and City Views
 
Luxury Home in Topanga Canyon
3,838 SF
319,375 SF (7.3 Acre) Lot
Built 2006
Gorgeous Ocean, Mountain, and City Views
Located minutes from Old Topanga Canyon Road
Near Topanga State Park
Minutes to Calabasas, Woodland Hills, Malibu & The Palisades
Loan in Default and Fully Matured April 2018
Original Interest Rate - 8.95%
Current Default Rate - 15.95%
NOD Filed September 2018
Recent Appraisal at $2.3MM
ASKING PRICE WITH YEAR END CLOSE
 
$1,600,000 (CURRENT UNPAID BALANCE $2,021,051)
 
If interested, please contact to sign NCND and receive Full Package:
Roy Belson
Re/Max Olson Commercial
(818) 620-2020
CalBRE# 01345852