SOLDLand
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
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.
Players
Los Angeles Land Market Snapshot
Boundary boundary · Land · Sale transactions
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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