A 6000 sq ft house in LO, the most affluent city in Oregon, would run a couple million dollars probably. Throw in the Mercedes and I think he's carved some money out over the years.
I will posit that nobody any significant distance from the west coast knows what "LO" is meant to signify. A little research suggests Lake Oswego, but really...
> He lives with his wife Tove, three kids, a cat, a dog, a snake, a goldfish, a bunny and a pet rat in a comfortable 6,000 square foot home just north of Portland’s tony Lake Oswego neighborhood.