Robert Green Sells Mar Vista Single Family Home For $10 Million With Compass Brokers
11948 Modjeska Place
$10,000,000
$1,639/SF
Building Size
6,100 SF
Asset Type
Single Family
Closing
Feb 3, 2026
AI
A five-bedroom single-family home located at 11948 Modjeska Place in Los Angeles has been sold off-market for $10 million. The property spans 6,100 square feet and sits on a 0.36-acre lot, with a price per square foot of $1,639. This sale marks Mar Vista’s first-ever eight-figure residential transaction, surpassing the previous record of $7.1 million.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,000,000
- Address: 11948 Modjeska Place
- Market: Los Angeles
- Seller: Robert Green
- Brokers: Paul Salazar, Tracey Becker & Elisa Crispi - Compass
- Square Footage: 6,100
- Price per Square Foot: $1,639
- Lot Size: 0.36 acres
This transaction featured Paul Salazar as the listing broker, while Tracey Becker represented the buyer. Additionally, the deal also incurred approximately $400,000 due to Los Angeles’ Measure ULA mansion tax, reflecting the increased demand for larger homes on the Westside from families.
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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93