Updated Sep 9, 2026
Kurt Rappaport Sells Brentwood Single Family Home For $26 Million With Josh Flagg As Buyer's Rep
12846 Highwood Street
$26,000,000
$1,988/SF
Building Size
13,077 SF
Asset Type
Single Family
Closing
Sep 3, 2026
About this deal
AI
A single-family home located at 12846 Highwood Street in Los Angeles, CA, was sold for $26,000,000. This property spans 13,077 square feet and is valued at approximately $1,988 per square foot. The sale comes after nearly three years on the market and multiple price reductions from an initial asking price of $39.9 million.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $26,000,000
- Address: 12846 Highwood Street
- Market: Los Angeles, CA
- Sale Price per Square Foot: $1,988
- Square Footage: 13,077
- Seller: Kurt Rappaport
- Buyer's Representative: Josh Flagg - Compass
- Seller's Representative: Kurt Rappaport - Westside Estate Agency
Kurt Rappaport, who is also the seller, is the co-founder of Westside Estate Agency and has been active in luxury Los Angeles real estate transactions. The deal highlights his continued engagement in the market, representing both the seller and himself in this transaction, despite market challenges affecting high-end property dynamics.
On the Map
$26,000,000
$1,988/SF
Single Family
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Players
Highwood Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $2K per square foot on a published $26M for 13,077 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93