A single-family home located at 1853 Franklin Canyon Drive in Beverly Hills was sold for $4,000,000. The property spans 6,726 square feet and was priced at approximately $595 per square foot. This sale is notable as it was transacted for more than $2.5 million below the original asking price of $6.6 million, representing a modest gain over the $3.75 million paid by the seller in 2020.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $4,000,000
• Address: 1853 Franklin Canyon Drive
• Market: Beverly Hills
• Square Footage: 6,726
• Price Per Square Foot: $595
• Seller: Rob Lowe
• Buyer's Representative: Rochelle Maize - Nourmand & Associates
• Seller's Representatives: Lori Levine Harris - Keller Williams Realty; Shana Tavangarian Soboroff - Carolwood Estates

The transaction involved Rob Lowe as the seller, with representation from Lori Levine Harris of Keller Williams Realty and Shana Tavangarian Soboroff of Carolwood Estates. Rochelle Maize from Nourmand & Associates represented the buyer in this deal.