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10690 Somma Way

Josh Altman, Matt Altman & Jacob Greene Of Douglas Elliman Represent Buyer In $17.2M Bel Air Sale
SOLDSingle Family

Josh Altman, Matt Altman & Jacob Greene Of Douglas Elliman Represent Buyer In $17.2M Bel Air Sale

10690 Somma Way

$17,200,000

$1,763/SF

Building Size

9,753 SF

Asset Type

Single Family

Closing

Jun 4, 2025

AI

An undisclosed buyer purchased a 4-acre estate located at 10690 Somma Way in Los Angeles. The single-family home encompasses 9,753 square feet and includes 5 bedrooms and 7 bathrooms. The property features amenities such as a tennis court, a pool, and a guest house, and comes with approved Nobel Design plans and permits for a 22,000+ square foot redevelopment.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $17,200,000
  • Square Footage: 9,753 SF
  • Price per Square Foot: $1,764
  • Address: 10690 Somma Way
  • Market: Los Angeles
  • Acres: 4

The brokerage team representing the transaction consists of Josh Altman, Matt Altman, and Jacob Greene from Douglas Elliman. Their involvement plays a crucial role in facilitating this significant real estate deal.

Players

Matthew Altman

Douglas Elliman

Broker

$512.6M

vol

34 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

Los Angeles Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.92%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93