The property asset involved in this transaction is a single-family home located at 6950 Oporto Drive in Los Angeles. The asset spans 6,282 square feet and sits on a 0.39-acre lot. The sale price for this renovated 1930s Spanish-style villa was $7,800,000.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $7,800,000
• Square Footage: 6,282
• Address: 6950 Oporto Drive
• Market: Los Angeles
• Price per Square Foot: $1,242
• Seller: John Taylor & Gela Nash-Taylor
• Buyer's Representative: Leah Lail & Steve Frankel - Coldwell Banker
• Seller's Representative: Daria Greenbaum - Compass

Notably, the sellers of the property include Gela Nash-Taylor, associated with Juicy Couture, and John Taylor, known for his work with Duran Duran. The villa was on the market for nearly two years, initially listed at $13 million before securing a buyer.