Ellen DeGeneres And Portia De Rossi Flip Brad Pitt's Former Malibu Pad With A $1 Million Profit
Aug. 25 2012, Published 8:00 a.m. ET
By Debbie Emery - RadarOnline.com Reporter
That was quick!
Ellen DeGeneres and Portia de Rossi can add "house flippers" to their impressive resumes after successfully selling the house that they bought from Brad Pitt just seven months ago.
The business savvy couple bought the stunning Malibu home in December 2011 for $12 million, and sold it for $13 million, making a very tidy profit on their investment, reported Trulia Luxe Living.
The beachside property boasts sweeping views of the Pacific Ocean and Point Mugu State Park, and has all the stylish touches that architecture-buff Brad is known for, such as a modern kitchen containing stainless steel appliances, bamboo floors, walls of glass overlooking the ocean, a pool, and private access to a sandy beach cove.
Located on the Encinal Bluffs, the 4,088 square-foot home that the Moneyball star bought soon after his divorce from Jennifer Aniston is actually made up of two houses, but neither were big enough for his rapidly expanding family with Angelina Jolie.
It has been a busy real estate year for talk show host Ellen who sold her massive $49 million Beverly Hills compound to Ryan Seacrest before picking up a more intimate love nest for her and Portia just minutes away.
The couple's new primary location is 8,500 sq. ft. and was designed by famed architect Hal Levitt. It was built in 1958, and features walls of glass, soaring ceilings, several fireplaces, a library, a black-and-stainless-steel kitchen, four bedrooms and six bathrooms. The property has killer views across Los Angeles. There's also a swimming pool on the one acre property.
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