E Ocean Blvd
Newport Beach, CA 92661
Due Diligence Pending
Equity Seeking$ 2,555,000
Equity StructureHybrid Equity
Newport Beach Oceanfront Luxury Ground-Up Development | $2.56M Equity Opportunity
Total Raise$ 6,255,000
Equity Seeking$ 2,555,000
Sponsor Co-Investment$ 3,700,000
Debt Financing$ 3,995,000
Preferred Return10%
Profit Split (Investor/Sponsor)50 / 50
Project TypeGround-Up Development
Hold Period12–18 Months
Annual NOI$ 255,500
Monthly NOI$ 21,292
Lot Size Ac / Sq Ft0.06 / 2,628
Entitlement StatusFully Entitled
Permit StatusPermitted
Estimated Resale Price$ 9,500,000
Projected # Units1
Projected # of Stories3
Projected Parking Spaces2
Loading...
Property Location
KKenneth S.
Borrower’s Representative