$8,120,000 Acquisition Loan Secured for Industrial Property in San Clemente, CA

May 6, 2026 Bank
Deal Summary

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

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

RecordedLenderAmountInstrumentType
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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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.
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