$8,000,000 Acquisition Loan Secured for Industrial Property in Irvine, CA
May 11, 2026 Bank
Deal Summary
Preferred Bank recorded a $8,000,000 deed of trust on a general industrial property at 34 Bunsen in Irvine. The loan was executed May 11, 2026 and recorded May 27, 2026 in Orange County under document 150222 (APN 588-172-07). County records list the owner as Klm Family Ventures LLC.
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Transaction Details
- Closing Date
- May 11, 2026
- Loan Amount
- $8,000,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Industrial
- Source
- County record
Property
- Address
- 34 Bunsen
- City, State
- Irvine, CA
- Market
- Orange County
Property Facts
- Lot Size
- 87,272 sq ft (2.00 ac)
- Buildings
- 1
- Subtype
- General Industrial
Sale History
Last sold for $8,757,000 on May 21, 2026. Prior owner GRAMBO & GRAMCRACKER LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 27, 2026 | PREFERRED BK | $8,000,000 | Deed Of Trust | CONVENTIONAL |
| Apr 30, 2020 | STATE LIFE INS CO | $7,100,000 | Assumption | CONVENTIONAL |
| Feb 16, 2016 | STATE LIFE INS CO | $7,100,000 | Deed Of Trust | CONVENTIONAL |
| May 15, 2006 | THRIVENT FIN'L/LUTHERANS | $3,660,000 | Interspousal Deed Transfer | |
| Apr 27, 2006 | THRIVENT FIN'L/LUTHERANS | $3,660,000 | Deed Of Trust | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.