This loan is a first deed of trust on a commercial retail property in Long Beach, CA. Long Beach, California, is a vibrant coastal city in Los Angeles County known for its mix of beachside charm and urban energy. Home to the busy Port of Long Beach, it offers major attractions like the Aquarium of the Pacific, the historic Queen Mary, and unique neighborhoods such as Naples, Retro Row, and the East Village Arts District. Visitors can enjoy whale watching, boat trips to Catalina Island, biking along scenic paths, and cultural destinations like the Museum of Latin American Art. The subject property is a freestanding retail/commercial building totaling 3,750 square feet of net rentable area situated on a 0.12-acre (5,400 SF) parcel. Built in 1956, the single-story structure is of wood- frame construction with stucco exterior walls, a sealed membrane roof, and polished concrete flooring. The building is currently in fair condition and has been stripped to a cold-shell state—missing ceilings, HVAC, electrical, plumbing, and lighting—though it retains a poured concrete slab foundation, boarded windows and doors, and surface parking for four vehicles accessed from a rear alley. The purpose of the loan is to assist with the purchase financing. The Borrowers will bring in an estimated $279,725 to close escrow. The Borrower intends to re-purpose the structure into an owner-occupied event venue. Upon stabilization, the Borrower will refinance into a long-term loan.