Hyo Lee Acquires Single Family Home From Jerry Lorenzo In Los Angeles For $8.58M
2401 Nottingham Avenue
$8,578,808
$1,196/SF
Building Size
7,168 SF
Asset Type
Single Family Residence
Closing
Feb 11, 2026
AI
The property asset involved in the transaction is a single-family home located at 2401 Nottingham Avenue in the Los Angeles market. The sale price of the property was $8,578,808, and it encompasses a total square footage of 7,168, resulting in a price per square foot of $1,196.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $8,578,808
- Address: 2401 Nottingham Avenue
- Market: Los Angeles
- Square Footage: 7,168
- Price per Square Foot: $1,196
- Buyer: Hyo Lee
- Seller: Jerry Lorenzo
- Brokers: Marci Kays & Jonathan Mogharrabi - Carolwood Estates
The transaction was facilitated by brokers Marci Kays and Jonathan Mogharrabi, representing the parties involved in the deal. Hyo Lee acquired the property from seller Jerry Lorenzo, marking a significant transaction in the Los Angeles real estate market.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.85%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93