$9,518,800 Acquisition Loan Secured for Land Property in San Diego, CA
May 1, 2026 Debt Fund
Deal Summary
Lument Real Estate Capital recorded a $9,518,800 deed of trust crossing two San Diego parcels of a commercial development site on Washington Street. The loan was executed May 1, 2026 and recorded May 27, 2026 in San Diego County under document 149681 (APN 444-560-02-00), crossed against one additional parcel. County records list the owner as Asd6 Llc.
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Transaction Details
- Closing Date
- May 1, 2026
- Loan Amount
- $9,518,800
- Loan Type
- Debt Fund
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Land
- Source
- County record
Property
- Address
- Washington St
- City, State
- San Diego, CA
- Market
- San Diego
Property Facts
- Lot Size
- 29,185 sq ft (0.67 ac)
- Year Built
- 2000
- Buildings
- 1
- Zoning
- CC-3-9
- Subtype
- Commercial Vacant Land
- Floor Area Ratio
- 0.51
Sale History
Last sold May 27, 2026. Prior owner 4033 6TH AVENUE LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 27, 2026 | LUMENT R/E CAP LLC | $9,518,800 | Deed Of Trust | CONVENTIONAL |
| Apr 26, 2022 | FORBRIGHT BK | $7,650,000 | Deed Of Trust | CONVENTIONAL |
| Apr 8, 2019 | 4033 6 TH AVENUE LLC | $3,900,000 | Modification Of Mortgage | PRIVATE PARTY LENDER |
| Feb 19, 2019 | 4033 6 TH AVENUE LLC | $3,400,000 | Deed Of Trust | PRIVATE PARTY LENDER |
| Aug 30, 2011 | LANCASTER POLLARD MTG CO | $2,868,800 | Deed Of Trust | CONVENTIONAL |
| Jul 19, 1996 | IMPERIAL BK | $1,550,000 | Mortgage | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.