James Jannard Of Oakley Sells Trousdale Estates Home In Beverly Hills For $46.95M

James Jannard sold his Single Family residence located at 410 Trousdale Place in Beverly Hills, CA for $46.95 million. This property spans 18,000 square feet and has a price per square foot of $2,608, reflecting its status in a high-demand market.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $46,950,000
• Address: 410 Trousdale Place
• Market: Beverly Hills, CA
• Seller: James Jannard - Oakley
• Broker: Aaron Kirman - Christie's International Real Estate
• Square Footage: 18,000
• Price per Square Foot: $2,608

James Jannard, the founder of Oakley, saw a significant return on his investment, as the transaction more than doubled his 2009 purchase price. The sale closed at a price reflecting strong demand for luxury homes in the Trousdale Estates area, despite being significantly lower than the original asking price of $68 million.