facebook
Traded Co logo
Submit
Daily limit: 0/10

Jonah Wilson & Marcy Roth Facilitate $5.37M Sale Of 2.19 Acres In Los Angeles

Property Image
SOLD
$5,372,000
Marcy Roth
Jonah Wilson

California

See Similar Deals
Land
Sold 06/06/2024
the dealplayerscompscontact
Property Image
SOLD

Jonah Wilson & Marcy Roth Facilitate $5.37M Sale Of 2.19 Acres In Los Angeles

2666 Larmar Road

See Similar Deals
Land
Sold 06/06/2024
Marcy Roth
Jonah Wilson
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Land
Transaction Type:Sale

The sale involved 2.19 acres of land located at 2666 Larmar Road in Los Angeles. The transaction price was $5,372,000. The property is situated in the Hollywood Hills area, offering picturesque city views and close proximity to the Sunset Strip, making it an ideal location for a potential development project or dream estate.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $5,372,000
  • Address: 2666 Larmar Road
  • Market: Los Angeles
  • Asset Type: Land
  • ACRES: 2.19

The buyer, represented by Jonah Wilson of Carolwood Real Estate, and the seller, represented by Marcy Roth of Douglas Elliman, were the key individuals in this transaction. The property presents a unique opportunity for development in a sought-after Los Angeles neighborhood, emphasizing the significance of location and potential for the future project.

Players

Marcy Roth
Douglas Elliman
Marcy Roth
6 deals$58.5M volume(310) 539-3000
BROKER
Jonah Wilson
Carolwood Estates
Jonah Wilson
12 deals$174.3M volume
BROKER
Hilton & Hyland
Hilton & Hyland
BROKERAGE

Details

SOLD
IMAGE: Jonah Wilson & Marcy Roth DATE: 06/06/2024 ADDRESS: 2666 Larmar Road MARKET: Los Angeles ASSET TYPE: Land ~ ACRES: 2.19 BUYER'S REP: Jonah Wilson - Carolwood Real Estate (@carolwoodrealestate) SELLER'S REP: Marcy Roth (@MarcyRoth) - Douglas Elliman (@DouglasElliman) SALE PRICE: $5,372,000 NOTE: Jonah Wilson of Carolwood Real Estate represented the buyer, and Marcy Roth of Douglas Elliman represented the seller in the $5,372,000 sale of 2.19 acres of land at 2666 Larmar Road in Los Angeles. This property, nestled in the Hollywood Hills with picturesque city views and close proximity to Sunset Strip, presents a unique development opportunity for creating a dream estate or project in a coveted Los Angeles locale.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$286,506.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,085.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,466.02
Annual Debt Service$305,592.25