Updated Sep 3, 2026
Lara Olam Purchases Commercial Property From Joyce Willis For $3,250,000 In Los Angeles
3115 West Jefferson Boulevard
$3,250,000
$402/SF
Building Size
8,070 SF
Asset Type
Commercial
Closing
Aug 14, 2026
About this deal
AI
This commercial property, located at 3115 West Jefferson Boulevard in the Los Angeles market, was acquired for $3,250,000. The asset encompasses a total area of 8,070 square feet, which translates to a price per square foot of $402.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $3,250,000
- Buyer: Lara Olam
- Seller: Joyce Willis
- Broker: Dane Garson - Sands Investment Group
- Date of Transaction: 08/14/2026
The transaction involved notable individuals, with Lara Olam as the buyer and Joyce Willis as the seller. Dane Garson, representing Sands Investment Group, facilitated the deal, playing a crucial role in this commercial property transaction.
Players
Los Angeles Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93