Talk show host Ellen DeGeneres is always strategically toying with her real estate portfolio—picking up a Santa Barbara beach house here, listing a Montecito mansion there—and she finally crossed one property off her ever-changing list.In 2014, the comedian and her wife, actress Portia de Rossi, purchased two units that make up the 12th floor of the Beverly West building for a combined $13.2 million. The power couple listed their 3,800-square-foot unit a few months later and struggled from then on to unload it, taking it on and off the market multiple times. In March 2017, the two-bedroom apartment was re-listed for $6.995 million and sold for $6 million in June, according to Mansion Global. Now, their 4,158-square-foot apartment next door, which was first listed in February 2017 for $7.995 million, has finally sold as well.Last seen on the market for $6.995 million with Kurt Rappaport of Westside Estate Agency, the completely renovated luxury condo is pending sale as of December for an undisclosed amount. No matter what, the couple is most likely taking a loss on their Beverly West real estate endeavor based on the stark price cuts.
This article appears in the January 2018 issue of DailyDeeds.