Ellen DeGeneres sells LA home for $17m profit

TOBY JOHNSTONE
Last updated 05:00 12/07/2014

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Talk show host and part-time property mogul Ellen DeGeneres has just flipped her Los Angeles home and made a cool $US15.1 million ($17.1m) in the process.

The A. Quincy Jones-designed house she bought at the end of last year for $39.8 million has sold for a staggering $55 million, the LA Times reports.

Napster co-founder Sean Parker has emerged as the buyer of the home that DeGeneres shared with her spouse, Australian actress Portia de Rossi.

The former Facebook president played by Justin Timberlake in the 2010 film The Social Network reportedly made an off-market offer for the property known as Brody House.

Set on a hectare in Los Angeles' Westside, the nine-bedroom home was built in the 1950s for property developer Sidney Brody. It sold in 2010 for $14.9 million to an investor who restored the modernist home ahead of DeGeneres' purchase.

With more than 1000 square metres of living space the home features seven bathrooms, floor-to-ceiling glass walls, a pool,  guest-house and tennis court.

The home is located on the border of Holmby Hills and Westwood. Along with Beverley Hills and Bel-Air, Holmby Hills makes up the Platinum Triangle - an area revered for its wealth and prestige real estate.

The property is next door to the Playboy Mansion.

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