Larry And Joan Flax Sell Beverly Park Mansion In Beverly Hills For $34.4M

A 2.79-acre single-family residence located at 55 Beverly Park Way in the market of Beverly Hills has been sold. The property, spanning approximately 14,239 square feet, was purchased for a total sale price of $34,400,000, with a price per square foot of $2,416.

Summary of transaction details

• Property Type: Single-Family Residence
• Address: 55 Beverly Park Way
• Market: Beverly Hills
• Acres: 2.79
• Square Footage: 14,239
• Sale Price: $34,400,000
• Price Per Square Foot: $2,416

The sellers of the property were Joan & Larry Flax, who enlisted the services of Jade Mills from Coldwell Banker and Linda May from Carolwood Estates as their brokers in the transaction. The sale of this 14,000-square-foot mansion, situated in the exclusive Beverly Hills Post Office neighborhood, comes amidst a sluggish luxury housing market where other high-profile listings faced significant price cuts prior to closing.