Michael Silvaggi Buys Midcentury Modern Home From Shaun White In Los Angeles For $3.925M

The property located at 2505 Carman Crest Drive in the Los Angeles market is a single-family home situated on 0.33 acres. The asset has a total square footage of 1,900, and was purchased by the buyer for $3,925,000, which reflects a price per square foot of $2,066. The home was originally listed for $5 million before the sale.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $3,925,000
• Buyer: Michael Silvaggi
• Seller: Shaun White
• Buyer's Representative: Chase Rogers - The Beverly Hills Estates
• Seller's Representatives: Lauren Duffy & Rick Tyberg - Douglas Elliman
• Market: Los Angeles
• Acres: 0.33
• Square Feet: 1,900
• Price per Square Foot: $2,066

Michael Silvaggi, the buyer, is a retired Louis Vuitton executive and intends to renovate the Midcentury Modern property for personal use. Shaun White, an Olympic gold medalist, sold the home, which he purchased in 2018 for $3.75 million.