Starlight Capital Acquires Single Family Residence On Rising Glen Road For $62.8M

A 23,000 square foot spec home in the Bird Streets at 1898 Rising Glen Road, Los Angeles, was recently sold for $62.8 million. This property, situated on 1.47 acres, was the most expensive residential sale in Los Angeles County this year. The sellers, Brandon and Deborah Shainfeld, handed over the keys to the buyers, Starlight Capital, in a deal facilitated by Kurt Rappaport and Andreas Elsenhans of Westside Estate Agency representing the sellers, and Helen Chong and Susanna Leung of Haylen Group representing the buyers. The price per square foot for this transaction was $2,730.

Summary of transation details:

• Property Type: Single Family
• Transaction Amount: $62,800,000
• Buyer: Starlight Capital
• Seller: Brandon & Deborah Shainfeld
• Buyer's Rep: Helen Chong & Susanna Leung - Haylen Group
• Seller's Rep: Andreas Elsenhans & Kurt Rappaport - Westside Estate Agency
• SF: 23,000
• PPSF: $2,730

The buyer's agent fee for this deal, estimated at $1.26 million, signifies the successful collaboration between the representatives on both sides. Helen Chong and Susanna Leung from Haylen Group effectively assisted Starlight Capital in securing this upscale property, while Kurt Rappaport and Andreas Elsenhans from Westside Estate Agency ensured a smooth transaction for Brandon and Deborah Shainfeld as they bid farewell to their prized estate.