facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Single Family

/

Sale

/

1033 Somera Road

Updated Dec 4, 2024

Ramtin Ray Nosrati Sells Single Family Home In Los Angeles For $23M
SOLDSingle Family

Ramtin Ray Nosrati Sells Single Family Home In Los Angeles For $23M

1033 Somera Road

$23,000,000

Building Size

—

Asset Type

Single Family

Closing

Apr 24, 2024

About this deal

AI

The property at 1033 Somera Road in Los Angeles was sold in a closed transaction. The single-family asset was listed by seller Ramtin Ray Nosrati. Representing the seller were Nicole Plaxen from The Beverly Hills Estates and Josh Altman from Douglas Elliman. The property had an asking price of $23,495,000 and was successfully sold for $23,000,000.

Summary of transaction details:

Nicole Plaxen and Josh Altman played crucial roles in the successful sale of the property at 1033 Somera Road. They effectively represented the seller, Ramtin Ray Nosrati, ensuring a smooth transaction process. Their expertise and negotiation skills were instrumental in finalizing the deal.

On the Map

Open live map

$23,000,000

Single Family

View full map

Players

Joshua Altman

Douglas Elliman

Broker

$643.6M

vol

47 deals

Broker
Bilt advertisement

Los Angeles Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Deal FAQ

Ramtin Ray Nosrati bought a home in Los Angeles for $23M in 2024. The full closing is on this page.

Visit Nicole Plaxen to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.69%

Cash-on-Cash

-0.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets