Producer Megan Ellison is flipping it like it’s hot

Annapurna Pictures head is selling Beverly Hills house for about $1.5M more than what she paid for it last month

TRD LOS ANGELES /
Jun.June 21, 2016 02:00 PM

Film producer and software heiress Megan Ellison is becoming somewhat of a real estate power player in Los Angeles.

The producer, known for her work in the production of films like “American Hustle” and “Her,” is reportedly selling a Beverly Hills house for $15 million, just a month after buying it for $13.5 million.

Earlier this month, Ellison coughed up $40 million for five contiguous buildings in West Hollywood for her production company, Annapurna Pictures.

The 5,603-square-foot house in question has five bedrooms and eight bathrooms. Built in 1955, the ranch-style home features double gates and a semi-circle driveway. Outside, the property has gardens and a swimming pool. It sits on an 0.88-acre parcel.

Over in Mount Olympus, Ellison is planning her mega-compound. She bought several properties between late 2013 and early 2015, amounting to a total of about $35 million. [Variety]Cathaleen Chen


Related Articles

arrow_forward_ios
Four of the top residential listings in LA this week

Here are the priciest resi listings in LA County last week

Larry King and Shawn Southwick

Larry King is saying “so long” to Beverly Hills Flats mansion

The top five listings of the last seven days

Here are the priciest resi listings in LA County last week

Late Microsoft cofounder Paul G. Allen and the property (Credit: Redfin and Getty Images)

The late Paul Allen’s 120-acre plot of land in Beverly Hills gets a massive price chop. Sound familiar?

Bilgili Development’s Serdar Bilgili and Michael Shvo with a rendering of 9200 Wilshire Boulevard (credit: Getty Images and MVE Architects)

Michael Shvo and partners snag $190M construction loan for Beverly Hills condo project

Clockwise from top left: 1155 Angelo Drive, 1116 Laurel Way, 613 N. Sierra Drive, 32453 Pacific Coast Highway and 705 N. Arden Drive (Credit: Redfin)

Beverly Hills dominates list of top resi sales in LA County last week

Clockwise from top left: 12921 Marlboro Street, 22102 Pacific Coast Highway, 21536 Pacific Coast Highway, 820 N. Roxbury Drive and 334 S. Burlingame Avenue (Credit: Redfin)

Here are the priciest resi listings in LA County last week

2571 Wallingford Drive in Beverly HIlls (Credit: iStock)

Gala Asher’s Wallingford Estate in Beverly Hills just got a $25M price slash

arrow_forward_ios