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600 Virgil Avenue

Carlie Yapp Of Arixa Capital Provides $15.4M Loan For 611 N Virgil Avenue In Los Angeles
FINANCEDMixed-use

Carlie Yapp Of Arixa Capital Provides $15.4M Loan For 611 N Virgil Avenue In Los Angeles

600 Virgil Avenue

$15,400,000

Building Size

Asset Type

Mixed-use

Closing

Feb 9, 2026

AI

The property asset involved in the transaction is a mixed-use building located at 611 N Virgil Avenue in Los Angeles, consisting of 31 units. The loan amount secured for this asset is $15,400,000 with a loan type identified as Mini Perm (Bridge) and terms lasting 18 months.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $15,400,000
  • Loan Type: Mini Perm (Bridge)
  • Loan Terms: 18 Months
  • Lender: Carlie Yapp - Arixa Capital
  • Analyst: Nick Small
  • Address: 611 N Virgil Avenue
  • Market: Los Angeles
  • Units: 31

Key individuals in this transaction include Carlie Yapp of Arixa Capital, who served as the lender, and Nick Small, the analyst involved in the loan arrangement. Their roles were crucial in facilitating the financial structure of this transaction.

Players

Arixa Capital
Arixa CapitalLender

Los Angeles Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.03%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93