Rodeo Realty’s Beverly Hills agent, Antony Arkel, has sold his Holmby Hills listing to chart-topping developer, Gala Asher.
The property sold for $4,000 over the asking price — $11,999,000, records show. The sale made headlines in the Los Angeles Times, The Real Deal, and will soon be featured in DIGS Magazine.
The 4,892-square-foot-home has four bedrooms and six bathrooms. Rooms look out onto a formal rose garden and manicured lawns with a path leading to the separate guesthouse and swimming pool.
Additional features to the home: a library/study, a family room with a wet bar, multiple fireplaces, antique chandeliers, and a three-car garage.
The media says Gala will likely redevelop the property. The Los Angeles-based developer made news last October when an estate he developed in Holmby Hills was sold for $100 million to billionaire and Detroit Pistons owner, Tom Gores. Gala had originally purchased the home for $13.25 million.