Updated Dec 4, 2024
Levon Yengibaryan Of Coldwell Banker Represents Buyer In $3M Sale Of Land In Los Feliz
2333 Nottingham Avenue
$3,000,000
Building Size
—
Asset Type
Land
Closing
Sep 10, 2024
About this deal
AI
The 0.32-acre lot at 2333 Nottingham Avenue in Los Feliz, Los Angeles, was sold for $3 million. The prime site offers views of downtown and the Observatory.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $3,000,000
- Address: 2333 Nottingham Avenue
- Market: Los Angeles
- Lot Size: 0.32 acres
Levon Yengibaryan of Coldwell Banker Hallmark represented the buyer, while Terek Kelly of The Agency represented the seller in this transaction.
The land sale at 2333 Nottingham Avenue in Los Angeles, California sold for $3M in 2024. 2333 Nottingham Avenue is classified as Land on Traded. Terek Kelly, Levon Yengibaryan, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Los Angeles, California file for the 2333 Nottingham Avenue land sold: pricing, party profiles, and other closed land comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles land set by closing date to see what else sold near 2333 Nottingham Avenue around 2024. Published consideration for 2333 Nottingham Avenue is $3M, dated 2024. Cite this Levon Yengibaryan Of Coldwell Banker Represents Buyer In $3M Sale Of Land In Los Feliz sale when underwriting similar land product around Los Angeles, California.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93