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All about Little Holmby

Brought to you by Jane Gavens, Your Neighborhood Realtor. John Aaroe Group, Director Aaroe Estates, Beverly Hills, CA BRE #01468938

HOLMBY HILLS 55 MILL FLIP

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Ellen DeGeneres sells trophy home to tech billionaire Sean Parker

WOW- From 15 to 55mill in just 3.5 years! The Brody House at 360 Mapleton, it originally sold for 14.88 mill in December of 2011 to an investor that flipped it to Ellen for 39 mill in January of  2014.  15 mill profit in 7 months-not bad. 

Real EstateEconomy, Business and FinanceFashion ShowsMoviesBars and ClubsSwimmingFlea (music artist)
Ellen DeGeneres has sold the A. Quincy Jones-designed Brody House on Los Angeles' Westside to Napster co-founder Sean Parkerfor $55 million in an off-market deal.
Built in 1950 for real estate developer Sidney Brody and his wife, modernist art collector Frances Brody, the property was sold four years ago for close to $15 million to an investor-owner who spent three years restoring the Midcentury Modern home. Daytime talk show host DeGeneres bought the trophy home last winter for nearly $40 million.
Set on 2.3 acres, the house features the floor-to-ceiling glass walls typical of the Midcentury style and a central atrium/living room. There were nine bedrooms and 7.5 bathrooms in 11,511 square feet of living space when the residence last appeared in the Multiple Listing Service.
A swimming pool, a pool house/guesthouse and a tennis court also are on the grounds.

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