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

Property Image
SOLD
$17,200,000

California

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Single Family9,753 SF
Sold 06/04/2025
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Property Image
SOLD

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

10690 Somma Way

See Similar Deals
Single Family9,753 SF
Sold 06/04/2025
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Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$1,763
Total Square Footage:9,753 SF
Transaction Type:Sale

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 (Matt) Altman
34 deals$512.6M volume(323) 791-9398
BROKER

Joshua (Josh) Altman
Douglas Elliman
42 deals$577M volume
BROKER

Jacob Greene
Douglas Elliman
14 deals$194.9M volume
BROKER

Douglas Elliman
BROKERAGE

Details

SOLD
IMAGE: Josh Altman, Matt Altman & Jacob Greene DATE: 06/04/2025 ADDRESS: 10690 Somma Way MARKET: Los Angeles ASSET TYPE: Single Family ~ ACRES: 4 BROKERS: Josh Altman (@TheJoshAltman), Matt Altman (@TheMattAltman) & Jacob Greene (@TheJacobGreene) - Douglas Elliman (@DouglasElliman) SALE PRICE: $17,200,000 SF: 9,753 ~ PPSF: $1,764 NOTE: An undisclosed buyer purchased 10690 Somma Way, a 4-acre Bel Air estate with a 9,753 SF home featuring 5 bedrooms and 7 bathrooms. The property includes a tennis court, pool, and guest house, with approved Nobel Design plans and permits for a 22,000+ SF redevelopment.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$61,107.97
Cash-on-Cash Return-1.27%
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