3800-3810 East Coast Hwy

Location: Corona Del Mar, CA
Type: Mixed Use
Price: $5,500,000

SMC provided a $5,500,000, ten-year fixed rate interest only loan on a mixed-use (retail/office) property located in Corona Del Mar, CA. The collateral consists of two (2), 3-story buildings totaling 11,081 SF built in 1960 and renovated in 2015. At time of closing, the Property was 100% occupied to 16 total tenants.