Financing for raw, unentitled and entitled land in and around Pasadena, sized against the appraised value of the parcel.
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Land Loans in Pasadena
Pasadena has one of the strongest concentrations of historic housing in Southern California, including Bungalow Heaven’s Craftsman bungalows, larger homes in Madison Heights and along the Arroyo, and hillside properties in Linda Vista. Several neighborhoods are designated landmark or historic districts.
Land in Pasadena is mostly hillside, in areas like Linda Vista and the San Rafael Hills, where slope, access and grading drive value. We lend up to 50% of the appraised value of the parcel, purchase or refinance, and the appraisal sets the loan amount.
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 Pasadena and the rest of Los Angeles County, including these areas.
Straight Answers
Yes. We lend up to 50% of appraised value, and the appraisal will account for slope, access and grading.
Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Pasadena, rather than routing them through 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 Pasadena
Tell us about it and we’ll give you a straight answer.
Get Started → or call (818) 937-9987Serving Pasadena 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.