Big lot, big sale: Beverly Hills Flats mansion sells for $39.1 million

The two-acre spread includes a 1940s home, guesthouse, swimming pool, tennis court and pavilion.

In Beverly Hills Flats, one of the biggest lots ever offered in the community just quietly fetched one of the biggest sale prices: $39.1 million.

The off-market deal was the priciest in the neighborhood this year and one of the biggest in all of the 90210, trumped only by Jeff Bezos dropping $165 million on the famed Warner estate and David Geffen paying $68 million for a modern mega-mansion.

Records identify the seller as Joshua Greer, founder of RealD Inc., a Beverly Hills-based company known for its RealD 3-D system used by movie theaters across the country. The property was purchased through a trust tied to an East Coast investor.

Rodeo Realty
(The 1940s property sits on nearly two acres and includes a tennis court, swimming pool and guesthouse.)

At nearly two acres, it’s among the largest estates to ever trade hands in the Flats. The tree-filled grounds center on a 1940s home with grand living spaces and Old Hollywood glamour across 9,000 square feet.

“It’s a legendary property,” said listing agent Josh Flagg, who stars in “Million Dollar Listing Los Angeles” on Bravo. “One of the most famous curb appeal properties in the city.”

A sweeping staircase navigates the two-story floor plan complete with a dining room with leather-covered walls, bright red game room, yoga studio, modernized chef’s kitchen and family room with a wet bar. Upstairs, the primary suite boasts a private terrace overlooking the landscaped grounds.

Ponds and brick pathways wind through the property, which features a guesthouse, four-car garage, swimming pool, tennis court and pavilion.


Fred Bernstein of Westside Estate Agency represented the buyer. Josh Flagg of Josh Flagg Estates held the listing.

The Flats, a neighborhood just south of Sunset Boulevard consisting of luxury homes on relatively flat lots, has seen plenty of action as of late. Earlier this year, an off-market home received 18 offers in 24 hours and eventually sold for $6.75 million, The Times previously reported.