EXHIBIT 23.3




                            Consent of Legal Counsel




We consent to the reference to our firm under the caption "Legal Matters" and
elsewhere in the Registration Statement (Form S-11 No. 333-________) and related
Prospectus of Cornerstone Realty Fund, LLC for the registration of 100,000 units
and to the use of our opinions filed as Exhibits to the Registration Statement
or included in the Prospectus.

/s/ OPPENHEIMER WOLFF & DONNELLY LLP

Newport Beach, California
June 20, 2001