Hubilu Venture Corp acquires LA property for $525K via subsidiary Elata

Hubilu Venture Corp

Hubilu Venture subsidiary Elata Investments closed purchase of 417 W 52nd Place, Los Angeles for $525,000 on Aug 14, 2025.
Acquisition partially funded by $482,500 first-position note from Center Street Lending at 9.99% interest-only, due Aug 8, 2026.
Property was vacant at purchase; interest-only monthly payments of $3,933.56 commence Oct 1, 2025.

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