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Gage Drive, San Diego
Arixa Fund III

Arixa Capital financed $960,000 purchase of a ½ acre private lot with a 200-foot frontage in one of the best neighborhoods in Point Loma. The 6-month loan will be refinanced by a construction loan and the existing home will remain in place until the loan is repaid.

Property Type: Residential
Loan Amount: $960,000
Loan-To-Cost: 75%

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Truro Avenue, Hawthorne
Arixa Fund III

Arixa Capital financed the purchase and renovation of a 9-unit multifamily building located east of the Los Angeles International Airport. The borrower requested a 12-month loan term and plans to refinance once the project is complete.

Property Type: Multifamily
Loan Amount: $1,210,000
Loan-To-Cost: 75%

 

 
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Midvale Avenue, Los Angeles
Arixa Secured Income Fund

Arixa Capital financed a $400,000 acquisition loan of a 2 bedroom/3 bathroom condo two blocks from Westwood Village and minutes from UCLA. The borrower requested a 6-month loan term and plans to list the condo on the market once the renovation is complete.

Property Type: Residential
Loan Amount: $400,000
Loan-To-Cost: 83%

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Charnock Road, Los Angeles
Arixa Fund III

Arixa Capital financed a 12-month $1,275,000 loan for purchase and new construction on a 1952 single-family residence. The property sits on 1,569 square feet in a great area in Mar Vista – a short drive to Santa Monica.
 

Property Type: Residential
Loan Amount: $1,275,000
Loan-To-Cost: 60%

 
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3rd Street, Long Beach
Arixa Fund III

Arixa Capital financed a 12-month acquisition and renovation financing for $960,000. The 3,744 square foot multifamily property sits on a 4,053-square foot lot walking distance to downtown Long Beach and Queensbay, home of The Queen Mary.

Property Type: Multifamily
Loan Amount: $960,000
Loan-To-Cost: 77%

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Harvard Boulevard, Los Angeles
Arixa Fund III

Arixa Capital financed a $455,000 refinance loan for 9 months to provide the borrow additional time on the market. The newly renovated property is 1,729 square feet and is near Sunset Boulevard.
 

Property Type: Residential
Loan Amount: $455,000
Loan-To-Cost: %

 
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Inglewood Avenue, Inglewood
Arixa Secured Income Fund

Arixa Capital financed $650,000 acquisition and renovation loan for a 12-month term. The 5-unit, 3,588 square foot property is nearby to schools, grocery stores, restaurants, a local park, the Los Angeles International Airport and The Forum.

Property Type: Multifamily
Loan Amount: $650,000
Loan-To-Cost: 71%

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7th Avenue, Sacramento
Arixa Secured Income Fund

Arixa Capital financed $170,000 acquisition loan for 9 months. The single-family residence is located in the Land Park neighborhood of South Sacramento.

 

Property Type: Residential
Loan Amount: $170,000
Loan-To-Cost: 76%