$8,500,000 Acquisition Loan Secured for Retail Property in Long Beach, CA
Live Oak Bank recorded a $8,500,000 deed of trust crossing two Long Beach retail parcels at 2211 North Bellflower Boulevard. The loan was executed April 3, 2026 and recorded April 7, 2026 in Los Angeles County under document 241812 (APN 7223-029-038), crossed against one additional parcel. County records list the owner as Stiches Real Estate Llc.
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Transaction Details
- Closing Date
- Apr 3, 2026
- Loan Amount
- $8,500,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Retail
- Source
- County record
Property
- Address
- 2211 N Bellflower Blvd
- City, State
- Long Beach, CA
- Market
- Los Angeles
Property Facts
- Building Size
- 8,808 sq ft
- Lot Size
- 21,151 sq ft (0.49 ac)
- Year Built
- 1968
- Year Renovated
- 1973
- Buildings
- 1
- Zoning
- LBCCA
- Subtype
- Retail Stores
- Floor Area Ratio
- 0.42
Sale History
Last sold for $5,500,000 on Mar 31, 2026. Prior owner CMH-LBC LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 7, 2026 | LIVE OAK BKG CO | $8,500,000 | Deed Of Trust | CONVENTIONAL |
| Aug 29, 2025 | VALLEY NAT'L BK | $533,999 | Deed Of Trust | CONVENTIONAL |
| Feb 20, 2024 | VALLEY NAT'L BK | $5,150,000 | Modification Of Mortgage | CONVENTIONAL |
| Aug 2, 2019 | VALLEY NAT'L BK | $5,150,000 | Deed Of Trust | CONVENTIONAL |
| Aug 2, 2019 | FIRST AMERICAN TITLE INS | $2,850,000 | Deed Of Trust | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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