Financing for raw, unentitled and entitled land in and around Alhambra, sized against the appraised value of the parcel.
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Land Loans in Alhambra
Alhambra sits on mostly flat ground at the western edge of the San Gabriel Valley, with the 10 Freeway along its southern side. The older blocks north of Main Street hold Craftsman and Spanish revival homes from the early 1900s through the 1930s, and many single-family lots across the city were later rebuilt as apartments and condominiums.
Alhambra is built out, and a vacant parcel here is usually an infill lot or a small commercial site along Valley Boulevard or Main Street. The appraisal turns almost entirely on zoning and how many units or how much floor area the lot can carry. We lend up to 50% of the appraised value for purchase or refinance.
How It Works
Rates, points and fees depend on the parcel and the deal and are disclosed in writing before you commit.
Where We Lend
We lend throughout Alhambra and the rest of Los Angeles County, including these areas.
Straight Answers
Mostly zoning, and how much floor area or how many units the parcel allows. We lend up to 50% of the appraised value, purchase or refinance.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Alhambra, rather than handing them to an out-of-state call center.
Up to 50% of the appraised value, purchase or refinance. That’s a ceiling, and the appraisal sets the number, so we can’t move forward on a file without one.
More in Alhambra
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Alhambra and Los Angeles County, California
Michael Daniel Investments, Inc.
417 Arden Ave, Suite 121A, Glendale, CA 91203 · (818) 937-9987
California Department of Real Estate DRE# 02037255 and NMLS# 233991.