$8,120,000 Acquisition Loan Secured for Industrial Property in San Clemente, CA
Preferred Bank recorded a $8,120,000 deed of trust on a general industrial property at 1041 Calle Trepadora in San Clemente. The loan was executed May 6, 2026 and recorded May 27, 2026 in Orange County under document 150227 (APN 688-142-14), crossed against two additional parcels for three in total, including two on Goodyear in Irvine. County records list the owner as Lrs Ventures LLC.
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Transaction Details
- Closing Date
- May 6, 2026
- Loan Amount
- $8,120,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Industrial
- Source
- County record
Property
- Address
- 1041 Calle Trepadora
- City, State
- San Clemente, CA
- Market
- Orange County
Property Facts
- Lot Size
- 80,150 sq ft (1.84 ac)
- Buildings
- 1
- Subtype
- General Industrial
Sale History
Last sold for $5,231,500 on May 21, 2026. Prior owner GRAMBO & GRAMCRACKER LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 27, 2026 | PREFERRED BK | $8,120,000 | Deed Of Trust | CONVENTIONAL |
| Jul 8, 2025 | JOHN HANCOCK LIFE INS CO (USA) | $15,000,000 | Modification Of Mortgage | CONVENTIONAL |
| Dec 14, 2015 | JOHN HANCOCK LIFE INS CO (USA) | $15,000,000 | Deed Of Trust | CONVENTIONAL |
| May 29, 2007 | JOHN HANCOCK LIFE INS CO (USA) | $14,000,000 | Deed Of Trust | CONVENTIONAL |
| Dec 27, 1996 | ORANGE NAT'L BK | $880,100 | Mortgage | CONVENTIONAL |
| Dec 27, 1996 | $762,800 | Mortgage | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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