Long Beach, CA

Arixa Capital financed a $1,079,000 acquisition and renovation loan for 12 months on an 8-unit, two story multifamily building. The borrower plans to renovate the exterior of the building along with common areas and each unit. The property sits in North Long Beach.

Property Type: Multifamily
Loan Amount: $1,079,000
Loan-To-Value: 66%

 

Long Beach, CA

Arixa Capital financed a $887,000 acquisition and renovation loan for 12 months on a 7-unit, two story multifamily building. The borrower plans to renovate each unit as well as the exterior of the building and its common areas. The property sits in North Long Beach.

Property Type: Multifamily
Loan Amount: $887,000
Loan-To-Cost: 66%

 

Los Angeles, CA

Arixa Capital financed a $9,500,000 construction completion loan for 8 months. The borrower plans to complete renovation on the 7 bedroom and 9 bathroom home and list back on the market after completion. The home sits atop Los Angeles with panoramic views of the city.

Property Type: Residential
Loan Amount: $9,500,000
Loan-To-Value: 53%

 

Inglewood, CA

Arixa Capital financed a $3,045,000 acquisition and renovation loan for 20 months on a 16-unit, two story multifamily building in the up-and-coming neighborhood of Inglewood. The borrower plans to renovate each unit and upgrade the landscaping.

Property Type: Multifamily
Loan Amount: $3,045,000
Loan-To-Cost: 74%

 

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Los Angeles, CA

Arixa Capital financed a $550,000 acquisition and renovation loan for 9 months. The borrower will utilize loan proceeds to do a complete renovation on the 2,197 square foot home located in the up-and-coming neighborhood of Crenshaw.
 

Property Type: Residential
Loan Amount: $550,000
Loan-To-Cost: 75%

 

Hollywood, CA

Arixa Capital financed a $400,000 acquisition loan for 4 months. The borrower is planning to cosmetically renovate the first floor condominium and resell upon completion. The condominium is located minutes from the historical HOLLYWOOD sign.

Property Type: Residential
Loan Amount: $400,000
Loan-To-Cost: 75%

 

Los Angeles, CA

Arixa Capital financed a $636,000 acquisition loan for 5 months. The borrower plans to renovate the 2 bedroom and 1 bathroom single-family home in the famous Hollywood Dell neighborhood of Los Angeles.

 

Property Type: Residential
Loan Amount: $636,000
Loan-To-Cost: 71%

 

Laguna Beach, CA

Arixa Capital financed a $1,330,000 acquisition loan for 6 months. The borrower is planning to renovate the 2,322 square foot, 3 bedroom and 3 bathroom single-family house and re-list on the market. The house is located in the highly sought after community of “Top of The World” with stunning views.

Property Type: Residential
Loan Amount: $1,330,000
Loan-To-Cost: 65%