Ellen DeGeneres quietly flips a Midcentury gem for $8.8 million

Less than a year after buying a Midcentury home in Beverly Crest for $8.5 million, wealthy manipulators Ellen DeGeneres and Portia de Rossi sold the home in an off-market deal with for $8,757 million.

The $257,000 profit margin is a bit slimmer than their usual projects. They made $6.3 million from buying a complex in Montecito for $33.3 million in 2020, and last year they made a quick $4.5 million by selling a separate property. mansion in Beverly Hills for $47 million.

Tucked away in Hidden Valley Estates, this Midcentury gem has been associated with a number of notable names over the years. It was built in 1961 by LA architect Robert Skinner, and the chic back and beam design was later featured in Julius Schulman’s book “Rediscovering Modernism.” In 2021, DeGeneres and de Rossi bought it from talent agent Greg Cavic.

During the mid and mid-century period, this one-story home features garden access, a long skylit corridor, and several living spaces marked with wood and glass. A recent renovation from architect John Bertram and designer Sarah Shetter brought in Douglas fir furniture, terrazzo tile floors and redwood accents.

The 3,500-square-foot floor plan also features four bedrooms and five bathrooms, including a master suite with a standalone fireplace. It opens right outside, where the dining patio leads to the fire pit, pool and bar.

DeGeneres, 64, has won multiple Emmy Awards for “The Ellen DeGeneres Show,” which premiered in 2003. She has also hosted Grammy Awards, Academy Awards, and the NBC game show “Game of Thrones.” by Ellen”.

De Rossi, 49, has appeared on the legal drama “Ally McBeal” and the sitcoms “Arrested Development” and “Better Off Ted”. More recently, she played President Elizabeth North on the ABC show “Scandal.”

https://www.latimes.com/business/real-estate/story/2022-05-12/ellen-degeneres-quietly-flips-a-midcentury-gem-for-8-8-million Ellen DeGeneres quietly flips a Midcentury gem for $8.8 million

Edmund DeMarche

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