Hard Money Loans in Los Angeles County: Prime Real Estate with Palm Trees and a Pacific Breeze
Los Angeles: the city where dreams are made, wrought from Midwest fantasies and bus fare, and spun into stardust on the boulevards of Hollywood. Where “nobody” can have their name written in city lights with a little hard work, ambition, and a high-wattage smile. If you’ve got real estate dreams as bright as LA’s glittering skyline, Socotra Capital can help them come true. We believe in the potential of the Los Angeles real estate market and we can get you the hard money loan you need to get your project off the ground.
The Power of the Los Angeles County Real Estate Market
According to the 2014 census estimate, Los Angeles County has a population of 10,116,705, making it the most populous county in the United States. Los Angeles County alone is more populous than 43 individual U.S. states. Although LA proper is the most well-known city in the area, the county also includes 88 incorporated cities and encompasses 4,028 square miles—an area larger than Rhode Island and Delaware combined. This land represents some of the nation’s most profitable real estate for residential and commercial development.
Despite LA’s large population, population density is not as high as many other major urban centers. This works well for smaller-scale real estate investors who are interested in capitalizing on its great location and market but don’t want to invest in high-rise development or upscale commercial property. Many of Los Angeles’ older Victorian homes are rented out room-by-room, offering a long-term source of income with a little bit of TLC and rehab to get them ready to rent. Young professionals and students at local colleges like USC, UCLA, LACC, and LA Trade Tech are in constant need of housing and provide steady demand for affordable residential development in the surrounding neighborhoods. For the fix-and-flip developer, Los Angeles is a great market that always provides high demand for single rooms to rent.
Socotra Capital Offers Hard Money Loans for the Los Angeles County Market
Don’t miss the chance to capitalize on the vibrant market in Los Angeles County. Its iconic cultural landscape and strong economic growth make this area promising for successful residential rehab and mixed-use development. At Socotra Capital, we understand the Los Angeles County real estate market and our hard money loans can get you the liquidity you need to make your development ready for the market. Los Angeles County is a major force in the real estate world and Socotra Capital can help you be a part of it.
Socotra Capital is California’s premier hard money lender for your real estate investment needs. Contact us today to get started on your quick approval!