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

Property Image
SOLD
$62,800,000
Kurt Rappaport
Helen Chong
+ 1

California

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Single Family23,000 SF
Sold 04/12/2024
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Property Image
SOLD

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

1898 Rising Glen Road

See Similar Deals
Single Family23,000 SF
Sold 04/12/2024
Kurt Rappaport
Helen Chong
+ 1
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Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$2,730
Total Square Footage:23,000 SF
Transaction Type:Sale

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:

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.

Players

Kurt Rappaport
58 deals$2.1B volume
BROKER

Andreas Elsenhans
The Beverly Hills Estates
5 deals$118M volume(310) 625-4593
BROKER

Helen Chong
Haylen Group
2 deals$86.5M volume(408) 882-9121
BROKER

Susanna Leung
Haylen Group
1 deal$62.8M volume(408) 666-6783
BROKER

Details

SOLD
IMAGE: Kurt Rappaport, Susanna Leung, Brandon Shainfeld, Deborah Shainfeld, Andreas Elsenhans & Helen Chong DATE: 04/12/2024 ADDRESS: 1898 Rising Glen Road MARKET: Los Angeles ASSET TYPE: Single Family ~ ACRES: 1.47 BUYER: Starlight Capital SELLER: Brandon & Deborah Shainfeld BUYER'S REP: Helen Chong (@HaylenGroupRealEstate) & Susanna Leung - Haylen Group SELLER'S REP: Andreas Elsenhans (@Andreas_Elsenhans) & Kurt Rappaport (@Kurt_Rappaport) - Westside Estate Agency (@WEAHomes) SALE PRICE: $62,800,000 SF: 23,000 ~ PPSF: $2,730 NOTE: A spec home in the Bird Streets, spanning 23,000 square feet, secured the title of the priciest residential sale in Los Angeles County this year, fetching $62.8 million in a recent deal. Sold by developers Brandon and Deborah Shainfeld, the property at 1898 Rising Glen Road was represented by Kurt Rappaport and Andreas Elsenhans of Westside Estate Agency, while the buyer, Starlight Capital, was represented by Helen Chong and Susanna Leung of Haylen, with the buyer's agent fee estimated at $1.26 million.

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