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2666 Larmar Road

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

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

2666 Larmar Road

$5,372,000

Building Size

Asset Type

Land

Closing

Jun 6, 2024

AI

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

Broker

$58.5M

vol

6 deals

Broker
Hilton & Hyland
Hilton & HylandBrokerage

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

2.95%

Cash-on-Cash

-0.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93