Updated Feb 25, 2026
Ken Panzer Of Douglas Emmett Sells Los Angeles Estate For $40 Million With Liz Jones And Fran Flanagan As Seller's Representatives
12833 Chalon Road
$40,000,000
$4,016/SF
Building Size
9,960 SF
Asset Type
Single Family
Closing
Feb 24, 2026
About this deal
AI
A single-family residence located at 12833 Chalon Road in Los Angeles has been sold for $40 million, amounting to $4,016 per square foot. The property spans 9,960 square feet and includes six bedrooms, situated in the gated Brentwood Country Estates. The seller, Ken Panzer, president and COO of Douglas Emmett, partook in this transaction, which concluded with the buyer also acquiring $1 million worth of furnishings, below the original asking price of $49.5 million.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $40,000,000
- Address: 12833 Chalon Road
- Market: Los Angeles
- Square Footage: 9,960
- Price per Square Foot: $4,016
- Seller: Ken Panzer - Douglas Emmett
- Buyer's Representative: Shelton Wilder - Christie's International Real Estate
- Seller's Representatives: Liz Jones & Fran Flanagan - Compass
In this transaction, Shelton Wilder represents the buyer, while Liz Jones and Fran Flanagan acted as the representatives for the seller, providing their respective services in the dealings of the sale.
On the Map
$40,000,000
$4,016/SF
Single Family
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Players
Los Angeles Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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About $4K per square foot on a published $40M for 9,960 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93