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
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