San Francisco, CA

No, I wouldn’t classify this as a cash-out loan based on the information provided. It’s better described as a refinance / debt restructuring loan. The proceeds are being used to pay off an existing cross-collateralized loan, allowing the borrower to separate the financing of the two properties. For your materials, I’d label the loan purpose as: Refinance – Payoff of Existing Cross-Collateralized Debt If the new loan amount exceeds the debt being paid off and the borrower receives excess proceeds, then that portion could be considered cash-out. would it be purchase or bridge loan/ It would be a bridge loan, not a purchase loan. The borrower already owns the property (purchased in 2004), so this is not acquisition financing. The new loan is paying off existing cross-collateralized debt and providing temporary financing until the borrower replaces it with long-term financing at maturity. I’d categorize it as: Loan Type: Bridge Loan Purpose: Refinance / Payoff of Existing Cross-Collateralized Debt Exit Strategy: Refinance into long-term financing Term: 24 months use this copy (This loan is a first deed of trust on a mixed used live/work property in San Francisco, CA. San Francisco is a compact yet richly layered city where spectacular natural surrounds—ocean, bay, and hills—meet a built environment of historic architecture, vibrant neighborhoods, and cutting edge enterprise. You’ll discover grand Victorian homes stairs stepping up steep streets, world-renowned landmarks such as a golden-colored suspension bridge, and an intimately scaled commercial district where cafés, galleries, and independent boutiques nestle amid residential blocks. CAPITAL THAT WORKS 949.521.7116 info@so-calcapital.com Living here means navigating a mix of unmatched scenic beauty, cultural richness, walkable neighborhood life and significant costs, but for many the payoff is found in the daily rhythm of streetcar bells, sea breezes on a bay view, corner bistros and the sense that this is a place where both history and possibility are alive. Located in San Francisco’s South of Market (SoMa) district, the property sits within one of the city’s most centrally located and historically industrial neighborhoods. The area is characterized by a diverse mix of converted warehouses, live/work lofts, creative office spaces, multifamily residential buildings, technology companies, art galleries, restaurants, and entertainment venues. SoMa has undergone significant redevelopment over the past several decades, transforming from a warehouse and manufacturing district into a vibrant urban neighborhood that attracts professionals, entrepreneurs, artists, and investors alike. The property enjoys convenient access to major transportation corridors including Interstate 80, U.S. Highway 101, BART, Muni light rail, and numerous bus routes, providing excellent connectivity throughout the Bay Area. Nearby amenities include the Moscone Convention Center, Yerba Buena Gardens, Oracle Park, Chase Center, shopping destinations, restaurants, cafes, and cultural attractions. The subject property at 7 Langton Street, San Francisco, California is a unique mixed-use live/work asset located in the highly sought-after South of Market (SoMa) neighborhood, one of San Francisco’s most dynamic urban districts. Situated on a 3,998-square-foot parcel with approximately 50 feet of street frontage, the property is improved with two interconnected buildings originally constructed in 1915 that have been combined into a single integrated live/work facility. The improvements contain approximately 6,000 square feet of gross building area, including a two-story residential component of roughly 2,100 square feet and a warehouse/workspace component with mezzanine totaling approximately 3,900 square feet. There are multiple bedrooms, residential living areas, a full kitchen, open mezzanine workspace, large warehouse/garage area with roll-up door access, substantial storage space, and a rooftop deck. Jaclyn Lacy President jackie@so-calcapital.com 949.521.7116 Important Investment Disclosures: Investments will be either directly or indirectly secured by real estate. Nothing in this announcement constitutes an offer to sell or a solicitation of an offer for investment. An offer is made only by the Private Placement Agreement and material disclosure package. Investments in trust deeds secured by one or more security interests in real property are subject to risk of loss. Investments are NOT insured by any government agency and are NOT guaranteed. Investments offered through SO-CAL Capital, Inc. are illiquid, non-transferable, and involve substantial risk. Prospective investors are encouraged to consult with their own tax and financial advisers before investing. 1300 Dove Street, Suite 215 Newport Beach, CA 92660 CAPITAL THAT WORKS 949.521.7116 info@so-calcapital.com The property is encumbered by a five-year master lease that encompasses eight occupants, with the current lease term scheduled to expire in January 2029. It generates $16,500 per month providing stable income and making the asset attractive to both investors and owner-users seeking flexible live/work accommodations. Live/work properties in SoMa remain a specialized and limited asset class, benefiting from constrained supply, adaptive reuse appeal, and growing demand from users seeking flexible occupancy arrangements. The Borrower purchased the property in 2016 for $2,350,000. The purpose of the loan is to pay off the current loan that is cross collateralized with another property of the Borrowers. Removing the cross collateral loan will allow him to finance them separately in the future. Upon maturity, the Borrower will pay off the loan with a long-term loan. The Borrower is an unmarried man and self-employed business owner. He’s owned his own handyman business since 2015. With years of experience, they offer a wide range of expert home repairs, renovations, and maintenance solutions tailored to each client's needs. He has consistent cash flow showing $322,786.77 in deposits over the last five months. Additionally, he owns an 8-unit multi-family with an estimated value of $3M, and his primary residence has approximately $1.2M in protective equity. The Borrower’s FICO score is 806. The loan will have a maturity in 24 months. You may purchase all or a portion of this trust deed investment. ) and reformat like this, match the tone and style: This loan is a first deed of trust on an Industrial property in El Segundo, CA. El Segundo, California, is a coastal city in Los Angeles County located south of LAX and north of Manhattan Beach. Today, El Segundo blends its industrial roots with a growing business and cultural scene. It’s home to major aerospace, oil, and media companies such as Chevron, Boeing, Northrop Grumman, and the Los Angeles Times, along with corporate offices like Mattel. The city has a small population of about 17,000 residents and features a mix of commercial areas, quiet neighborhoods, and beaches. The subject, located at 1410 E Grand Avenue in El Segundo, is a 3,630-square-foot owner-user industrial/flex building situated on a 5,285-square-foot lot within the Smoky Hollow East (SH-E) zoning district. Built in 1946 and renovated in 2010, it features approximately 53% office build-out, one grade-level loading door, 14.5-foot clear height, and four surface parking spaces. The property is owner- occupied by Bayside Electric Co., which has operated there since 2006. The Colliers appraisal dated October 16, 2025, concludes an as-is market value of $2,400,000 ($661 per SF) based entirely on the Sales Comparison Approach, with an Income Approach indication of $1.67 million ($460 per SF) based on a pro forma NOI of $91,909 and a 5.5% capitalization rate, though that method received no weight. The property is in average condition, with an estimated 30-year remaining economic life, and benefits from average access and exposure along East Grand Avenue. Surrounding developments—such as the Grand Kansas North and Catalyst mixed-use projects—are driving transformation of the Smoky Hollow corridor, positioning the property for potential long-term appreciation or adaptive reuse. The purpose of the loan is to provide cash out to be used towards property improvements and working capital for the Borrower's business. On or before maturity, the Borrower will sell the property and pay off the loan. The loan will have a maturity in 36 months. This loan is a first deed of trust on a mixed-use live/work property in San Francisco, CA. San Francisco is a dynamic urban market known for its historic architecture, diverse neighborhoods, cultural amenities, and strong employment base. The subject is located in the South of Market (SoMa) district, a centrally located neighborhood that has evolved from its industrial roots into a vibrant mix of converted warehouses, live/work lofts, creative offices, multifamily residences, technology companies, restaurants, galleries, and entertainment venues. The area benefits from convenient access to Interstate 80, U.S. Highway 101, BART, Muni, and numerous bus routes, as well as nearby destinations including the Moscone Convention Center, Yerba Buena Gardens, Oracle Park, and Chase Center. The subject, located at 7 Langton Street, is a unique mixed-use live/work property situated on a 3,998-square-foot parcel with approximately 50 feet of street frontage. Originally constructed in 1915, the property consists of two interconnected buildings that have been combined into a single integrated facility containing approximately 6,000 square feet of gross building area. The improvements include approximately 2,100 square feet of two-story residential space and approximately 3,900 square feet of warehouse/workspace with a mezzanine. The property features multiple bedrooms, residential living areas, a full kitchen, open mezzanine workspace, a large warehouse/garage with roll-up door access, substantial storage, and a rooftop deck. The property is currently subject to a five-year master lease encompassing eight occupants, with the current lease term scheduled to expire in January 2029. It generates approximately $16,500 per month in rental income, providing stable cash flow. The Borrower purchased the property in 2016 for $2,350,000. The purpose of the loan is to pay off an existing loan that is cross-collateralized with another property owned by the Borrower, allowing the properties to be financed separately in the future. Upon maturity, the Borrower intends to refinance with a long-term loan. The Borrower is a self-employed business owner who has operated a handyman business since 2015 and has demonstrated consistent cash flow, with approximately $322,787 in deposits over the past five months. He also owns an eight-unit multifamily property valued at approximately $3 million, while his primary residence has approximately $1.2 million in protective equity. The Borrower has a FICO score of 806. The loan will have a maturity of 24 months.