An SFR property located in Beverly Hills has been sold for a transaction price of $47,000,000. The property, which spans 10,376 square feet, was previously owned by Ellen DeGeneres and Portia De Rossi. The sale was facilitated by Kurt Rappaport, who represented the sellers in the deal. The buyers, represented by Brian Lane and Bob Safai, acquired the property at a price slightly below the initial asking price of $53,500,000. With a price per square foot of $4,529, this transaction highlights the high-value real estate market in Beverly Hills.

Summary of transaction details:

• Property Type: SFR
• Transaction Amount: $47,000,000
• Market: Beverly Hills
• Seller: Ellen DeGeneres & Portia De Rossi
• Buyer's Representative: Brian Lane (@BrianLane.RE) & Bob Safai
• Seller's Representative: Kurt Rappaport
• Asking Price: $53,500,000
• Square Footage: 10,376
• Price per Square Foot: $4,529

The purchase of this SFR property in Beverly Hills involved a notable group of individuals. The sellers, Ellen DeGeneres and Portia De Rossi, entrusted their property's sale to Kurt Rappaport. On the buyer's side, Brian Lane and Bob Safai represented the purchasing party. With its prime location in Beverly Hills and impressive square footage, this transaction underscores the robust luxury real estate market in the area.