3121 Emerson LLC is a real estate fund based in San Diego, California. According to its most recent Form D, filed Dec 2, 2025, it has sold $988,000 of interests to 9 investors since its first sale in Jan 2025. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Daniel Passov; Kristopher Armstrong.
- Total raised
- $988,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Jan 15, 2025
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Daniel Passov; Kristopher Armstrong
- Latest Form D
- Dec 2, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 3121 Emerson LLC
What is the minimum investment for 3121 Emerson LLC?
According to its latest Form D, filed Dec 2, 2025, the minimum investment 3121 Emerson LLC accepts from an outside investor is $25,000.
Who can invest in 3121 Emerson LLC?
3121 Emerson LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has 3121 Emerson LLC raised?
3121 Emerson LLC reports $988,000 sold from 9 investors on its Form D filed Dec 2, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is 3121 Emerson LLC based?
3121 Emerson LLC is based in San Diego, California.
When did 3121 Emerson LLC launch?
3121 Emerson LLC reports its first sale in Jan 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 49% of the 1,095 real estate funds based in California, and more than 32% of all 7,350 that report sales.