Investment Opportunity · Hard Money Financing

3755 S Bentley AveLos Angeles, California

Los Angeles, CA 90034

List price
$1,700,000
4 bd / 3 ba
Bedrooms / baths
2,247 sq ft
Living area
1939
Year built
7,561 sq ft
Lot

"Bring your contractor and designer to unlock the massive equity potential in one of LA’s most resilient and sought-after neighborhoods."

Listed by Melitta Johnson Compass DRE #02034647 · (310) 245-7888

3755 S Bentley Ave is a 4-bedroom, 3-bath home in Los Angeles, California listed at $1,700,000 with 2,247 square feet, built in 1939. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with at least one completed project puts 10% down ($170,000), we fund the $101,115 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. A California buyer can also close in 3 days with 35% down and no appraisal. See every hard money opportunity in California or our California hard money lending page.

01 - Price This Property

Hard money financing on 3755 S Bentley Ave: what you qualify for.

Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.

List price $1,700,000
State CA

Type a number, like 720. A ballpark is fine and nothing is pulled. Leave it empty if you have no score.

Flips, rentals bought and sold, or builds. Decides the down payment.

Our super rough estimate at $45 per sq ft. Put in your contractor's number if you have one.

The loan stays under 75% of it. Leave blank to size on the price alone.

  1. 1. Your score740Qualifies
  2. 2. Your experience1 to 2 projectsTier 2: 10% down
  3. 3. Down payment10% down$170,000 at closing
Pre-screenAt a 740 score with 1 completed project, fix and flip on this property goes to the desk for a pre-screen (10% down if approved). The 3-day option at 35% down is open as it stands.
Option 1 - Close in 3 days

35% down

No appraisal. Closes like cash.

Cash to close, rough estimate $611,575
Loan at closing $1,105,000
Rate, interest only 10.5%
Option 2 - Fix and flip, experienced

10% down

We fund 100% of the renovation. Closes in 2 weeks.

Cash to close, rough estimate $198,857
Loan at closing $1,530,000
Rate, interest only from 9.25%
Pre-screen. The total loan of $1,631,115 is over the $1,000,000 program maximum. Up to $3,500,000 goes by pre-screen with the desk.
  • Experience Tier 2 on 1 completed project in three years: 10% down, 100% of the renovation funded.
  • No credit score minimum and no appraisal: the desk values the property from recent sales. Renovation is on the buyer. Subject to internal review.
02 - The Numbers at Closing

3755 S Bentley Ave priced at the list price.

ItemOption 1: 35% downOption 2: 10% down
At closing
Qualifies as enteredPre-screenYes
Buyer down payment$170,000 (10%)$595,000 (35%)
Loan at closing$1,530,000$1,105,000
Cosmetic renovation, rough estimate*We fund $101,115Buyer pays $101,115
Total loan$1,631,115$1,105,000
Rate, interest onlyfrom 9.25%10.5%
Points1.5 ($24,467)1.5 ($16,575)
AppraisalRequiredNone
Estimated monthly interest$12,573 at full draw$9,669
Cash to close, rough estimate$198,857$611,575

Rough estimates at the list price of $1,700,000 for a 740 score and 1 completed project. This is not a commitment to lend.

*Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $45 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down is for experienced investors; first-time flippers put 20% down. The no-appraisal option is available in major California markets. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.

We are the lender, not the listing agent. This property is listed by Melitta Johnson, Compass ((310) 245-7888). To see it or make an offer, contact Melitta directly, or work with your own buyer's agent. The numbers on this page are simply what our financing would look like on this property. Viewing them is not a commitment to borrow from us, and you are free to finance the purchase however you choose. We do not represent buyers or sellers.

More hard money deals in Los Angeles All California opportunities Hard money lender in California Fix and flip loans Every live opportunity

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