STATE OF CALIFORNIA
DEPARTMENT OF REAL ESTATE

In reviewing a licensee's information, please be aware that license discipline information may have been removed from a licensee's record pursuant to Business & Professions Code Section 10083.2 (c). However, discipline information may be available from the California Department of Real Estate upon submittal of a request, or by calling the Department's public information line at 1-877-373-4542.
The license information shown below represents public information. It will not reflect pending licensing changes which are being reviewed for subsequent updating. Although the business and mailing addresses of real estate licensees are included, this information is not intended for mass mailing purposes.
Some historical disciplinary action documents may not be in compliance with certain accessibility functions. For assistance with these documents, please contact the Department's Licensing Flag Section.

License information taken from records of the Department of Real Estate on 11/27/2025 7:37:21 AM
License Type:
BROKER

Name:
Khorashadi, Babak

Mailing Address:
1400 QUAIL STREET
235
NEWPORT BEACH, CA 92660

License ID:
01837624

Expiration Date:
01/06/28

License Status:
LICENSED

MLO License Endorsement: 

NMLS ID: 309527 (Click here to check the status of the MLO License Endorsement )

Broker License Issued:
01/03/08

Former Name(s):
NO FORMER NAMES

Main Office:
1400 QUAIL STREET STE 235
NEWPORT BEACH, CA 92660

DBA
K Pacific Investments
ACTIVE FROM 10/05/2009 TO 01/10/2016

K Pacific Mortgage
ACTIVE AS OF 10/05/2009

Ritz Real Estate Group
ACTIVE AS OF 01/11/2016

Branches:
NO CURRENT BRANCHES

Affiliated Licensed Corporation(s):
01921888 - Officer Expiration Date: 10/16/28
Newport Capital Funding

01451160 - Officer Expiration Date: 03/04/13
Mutual Power Realty Corporation
OFFICER CANCELED AS OF 10/07/10

01521742 - Officer Expiration Date: 03/16/10
Mutual Power Mortgage Inc
OFFICER LICENSE EXPIRED AS OF 03/17/10

Salespersons:
01970501 - Fakhrai, Mahsan Lisa
                  License Expiration Date: 04/23/2027

02103827 - Simpson, Rodney Lee
                  License Expiration Date: 01/26/2028

Comment:
NO DISCIPLINARY ACTION

NO OTHER PUBLIC COMMENTS

>>>> Public information request complete <<<<