1445 Harrison StSanta Clara, California

Santa Clara, CA 95050 · MLS ML82062417

List price

$1,198,000

4 bd / 2 ba
Bedrooms / baths: 1,318 sq ft
Living area: 1939
Year built: 5,250 sq ft
Lot

"A rare opportunity in one of Santa Clara's most sought-after historic neighborhoods. This home is a fixer offering tremendous potential for those looking to create their dream home. This is not a cosmetic renovation-the property requires substantial work but is worth your investment. An ideal opportunity for a buyer, builder, or investor ready to bring it to new life."

Listed by Donata Makuta Donata Realty DRE #01398674 · (408) 205-5364

1445 Harrison St is a 4-bedroom, 2-bath home in Santa Clara, California listed at $1,198,000 with 1,318 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 ($119,800), we fund the $144,980 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.

From the listing. Fixer in a historic Santa Clara neighborhood requiring substantial work, not a cosmetic renovation. Close to NVIDIA and Intel.

01 - Price This Property

Hard money financing on 1445 Harrison St: 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 $1,198,000

State CA

Your credit score, approximate

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

Investment projects you completed in the last 3 years

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

Renovation budget

Our super rough estimate at $110 per sq ft. Put in your contractor's number if you have one.

After-repair value, if you know it

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

1. Your score740Qualifies
2. Your experience1 to 2 projectsTier 2: 10% down
3. Down payment10% down$119,800 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 $430,981

Loan at closing $778,700

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 $142,538

Loan at closing $1,078,200

Rate, interest only from 9.25%

Pre-screen. The total loan of $1,223,180 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

1445 Harrison St priced at the list price.

Item	Option 1: 35% down	Option 2: 10% down
At closing
Qualifies as entered	Pre-screen	Yes
Buyer down payment	$119,800 (10%)	$419,300 (35%)
Loan at closing	$1,078,200	$778,700
Full renovation, rough estimate*	We fund $144,980	Buyer pays $144,980
Total loan	$1,223,180	$778,700
Rate, interest only	from 9.25%	10.5%
Points	1.5 ($18,348)	1.5 ($11,681)
Appraisal	Required	None
Estimated monthly interest	$9,429 at full draw	$6,814
Cash to close, rough estimate	$142,538	$430,981

Rough estimates at the list price of $1,198,000 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 $110 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 Donata Makuta, Donata Realty ((408) 205-5364). To see it or make an offer, contact Donata 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.

Request the Term Sheet Call (323) 304-4978

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