Hubilu Venture acquires vacant LA property for $520K, using $478K loan at 9.99%

Hubilu Venture Corp

Subsidiary Elata Investments closed on 1460 Exposition Blvd, Los Angeles on September 24, 2025.
Purchase price of $520,000 financed with a $478,000 first-position loan from Center Street Lending VIII SPE, LLC.
Loan bears 9.990% annual interest, interest-only monthly payments of $3,896.10 starting November 1, 2025.
Principal balance due September 17, 2026; property was vacant at time of purchase.

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