Everything you need to know about Beyoncé and Jay Z’s prospective new LA home

From TRD Los Angeles: Third time’s the charm, right?

Either way, don’t hold your breath: Beyoncé and Jay Z may have made a $120 million offer on a spec home in Bel Air — their third reported offer on aLos Angeles home since 2014 — but the deal is far from sealed.

In fact, the home at 454 Cuesta Way, which was listed at $135 million, has not yet been completed, said Jeff Hyland of Hilton & Hyland, the brokerage that holds the listing.