Leon Black And Debra Black Sell Beverly Hills Home For $47 Million With Kurt Rappaport As Buyer's Rep

A single-family home located at 1111 Calle Vista Drive in Beverly Hills has been sold for $47,000,000. The property spans approximately 10,000 square feet and was sold at a price per square foot of $4,700. This transaction occurred off-market and is notable within the context of the current Los Angeles luxury real estate market.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $47,000,000
• Address: 1111 Calle Vista Drive
• Market: Beverly Hills
• Square Footage: 10,000
• Price per Square Foot: $4,700
• Seller: Leon Black & Debra Black
• Buyer's Representative: Kurt Rappaport - Westside Estate Agency
• Seller's Representatives: Linda May - Carolwood Estates; Fred Bernstein - Westside Estate Agency

The sale features prominent individuals: Leon Black and Debra Black were the sellers, while Kurt Rappaport represented the unidentified buyer. The seller's representation included Linda May and Fred Bernstein. This transaction ranks among the largest recent trades in a slower Los Angeles luxury market, with the property previously owned by Tom Cruise before Leon Black acquired it for $38 million in 2016.