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Ellen DeGeneres sells same Hollywood Hills home for the second time
Chat show queen Ellen DeGeneres, notorious for her house flipping, has actually now sold the same Hollywood Hills West home twice.
Her latest deal, for $10 million,is for a two-acre compound she first sold in 2007 to Allison Milgard of Milgard Manufacturing for $10 million. She bought it back seven years later for under $8.8 million. Earlier this month, she sold it again in an off-market deal, this time for $9.9 million.
The buyer is rumored to be Calvin Klein co-founder Barry Schwartz, the Los Angeles Times reported. Records show that tax documents for the property will be sent to a horse farm owned by Klein’s longtime friend and business partner.
The 4,000-square-foot abode was built in the 1950s, but has been redesigned by L.A.-based architecture firm Marmol Radziner. The five-bedroom, three-bathroom home also features walls of glass, vaulted wood ceilings and an open living area. [LAT] — Cathaleen Chen