Massive lot, massive sale: Beverly Hills Flats mansion sells for $39.1 million


In Beverly Hills Flats, one of many largest tons ever provided in the neighborhood simply quietly fetched one of many largest sale costs: $39.1 million.

The off-market deal was the priciest within the neighborhood this 12 months and one of many largest in all the 90210, trumped solely by Jeff Bezos dropping $165 million on the famed Warner property and David Geffen paying $68 million for a contemporary mega-mansion.

Information establish the vendor as Joshua Greer, founding father of RealD Inc., a Beverly Hills-based firm identified for its RealD 3-D system utilized by film theaters throughout the nation. The property was bought by means of a belief tied to an East Coast investor.

Rodeo Realty

Rodeo Realty

(The Forties property sits on almost two acres and features a tennis court docket, swimming pool and guesthouse.)

At almost two acres, it’s among the many largest estates to ever commerce arms within the Flats. The tree-filled grounds heart on a Forties dwelling with grand dwelling areas and Outdated Hollywood glamour throughout 9,000 sq. toes.

“It’s a legendary property,” stated itemizing agent Josh Flagg, who stars in “Million Greenback Itemizing Los Angeles” on Bravo. “Probably the most well-known curb attraction properties within the metropolis.”

A sweeping staircase navigates the two-story flooring plan full with a eating room with leather-covered partitions, shiny crimson sport room, yoga studio, modernized chef’s kitchen and household room with a moist bar. Upstairs, the first suite boasts a personal terrace overlooking the landscaped grounds.

Ponds and brick pathways wind by means of the property, which includes a guesthouse, four-car storage, swimming pool, tennis court docket and pavilion.

Fred Bernstein of Westside Property Company represented the customer. Josh Flagg of Josh Flagg Estates held the itemizing.

The Flats, a neighborhood simply south of Sundown Boulevard consisting of luxurious properties on comparatively flat tons, has seen loads of motion as of late. Earlier this 12 months, an off-market dwelling acquired 18 presents in 24 hours and finally offered for $6.75 million, The Times previously reported.


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