Updated Dec 4, 2024
Miranda Otto Sells Single Family Home In Los Angeles To Return To Australia
118 South La Jolla Avenue
$2,750,000
$1,227/SF
Building Size
2,241 SF
Asset Type
Single Family
Closing
Feb 26, 2024
About this deal
AI
The property at 118 South La Jolla Avenue in Los Angeles is a single-family home sold by Miranda Otto for $2,750,000. The Spanish-style residence, built in the 1920s, features three bedrooms, designer interiors, and a private pool in the landscaped backyard. The sale was managed by Clifford Rowe and Pamela Rowe of Compass.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,750,000
- Square Footage: 2,241
- Price per Square Foot: $1,227
- Seller: Miranda Otto
- Brokers: Clifford Rowe & Pamela Rowe - Compass
- Market: Los Angeles
- Note: Miranda Otto sold the property just 10 days after listing, indicating a desire to return to her native Australia.
Clifford Rowe and Pamela Rowe of Compass successfully represented Miranda Otto in swiftly selling her Spanish-style home in Los Angeles. Miranda Otto, known for her roles in "The Lord of the Rings" trilogy and "The Clearing," made the decision to part ways with the property, which quickly found a buyer, allowing her to pursue her plans to return to her home country.
On the Map
$2,750,000
$1,227/SF
Single Family
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Los Angeles Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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About $1.2K per square foot on a published $2.8M for 2,241 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93