Cliff Dr
Newport Beach, CA 92663
Due Diligence Pending
Equity Seeking$ 5,260,000
Equity StructureHybrid Equity
Newport Beach Luxury Home Development | $2.01M Equity Opportunity
Total Raise$ 8,310,000
Equity Seeking$ 5,260,000
Sponsor Co-Investment$ 3,050,000
Debt Financing$ 6,300,000
Preferred Return10%
Profit Split (Investor/Sponsor)50 / 50
Project TypeGround-Up Development
Hold Period18–24 Months
Annual NOI$ 526,000
Monthly NOI$ 43,833
Lot Size Ac / Sq Ft0.13 / 5,625
Zoning / UseVacant Residential Land
Entitlement StatusFully Entitled
Permit StatusPermitted
Estimated Resale Price$ 10,400,000
Projected Building Size (Sq Ft)5,200
Projected # of Stories2
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Property Location
KKenneth S.
Borrower’s Representative