I was looking for suggestions in regards to lender who can do commercial loan on LLC in California.

Skiers will love the quick access to Keystone Ski Area, just 6 miles away, as well as the close proximity to Breckenridge Resort, Copper Mountain, Arapahoe Basin ski area (usually open until mid-June), and Vail/Beaver Creek.

The loan itself would be considered a "Jumbo" loan (meaning over $424k) which means Fannie Mae and Freddie Mac (conventional lenders) won't lend that high...so you cannot gain access to their renovation loan.  

I've looked at a commercial mortgage, but the loan amount wouldn't be high enough for me to get most of my capital back out.  

And as far as streetside lines go,  this runs through a major commercially trafficked road, not a neighborhood and one of my friends owns a duplex just up the street and confirmed the gas line presence in his.

I was thinking they could rezone the house to commercial or multi-family.

I personally like the location b/c of the accessibility, close to the children's museum and my other properties around the city. 

My mother is a realtor so she has access to TREND but I’d like to look on my own time.

Over the last few years I have sponsored Commercial and Multifamily deals in the area and I invest passively in the same across the country.

Unlike other asset classes like commercial retail with corporate backed tenants on the leases you will be (feeding the beast) in multifamily if a tenant does not pay.