Great Spaces: $75 Million in Simultaneous Purchases, Transaction Among Highest U.S. Residential Sales

Posted on Feb 5 2020 - 12:21pm by Liz Dominguez
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Two luxury contemporaries in Los Angeles, Calif., recently closed simultaneously, making the $75 million combined sale (with the buyers represented by Ten X Realty) the largest residential transaction in the U.S. (at press time). The two awe-inspiring homes are located in the Bird Streets neighborhood, a sought-after enclave that promises jaw-dropping views of LA.

Related: Great Spaces: High-Class in the Country 

"I've been working with these buyers for almost two years. I spent a lot of time helping them understand the market and advising them properly so they can be sure that what they purchased made sense as an investment," says REALTOR® Rannie Huang Greer. "My goal is not only to make them happy now but also help them grow in the future. So in 5-10 years, when they want to sell, I will make them more money. We have looked everywhere, and they ended up buying these two amazing properties in LA. They are really happy."

SOLD: An Oasis With Vast Views and Abundant Amenities

This six-bedroom, 10-bath entertainer's dream boasts an impressive number of features. The 16,000 square-foot property will have you feeling like you're on an endless vacation. From a media room, lounge, golf simulator and cigar room to a wine cellar and an expansive wellness studio—this home has it all. It's not until you step outside, however, that you truly see what this home has to offer.

The panoramic views of both downtown LA and the Pacific Ocean are enhanced by the private backyard complete with floating foot-bridge that leads into a dropdown seated fire pit area where visitors can relax surrounded by a luxurious infinity pool. The pool has beautiful features such as a waterfall that descends from the second story of the home into the pool. The indoors and outdoors seamlessly blend together as the home's glass walls appear to vanish, revealing true paradise without having to physically step outside the home.

Listed By: Rayni & Branden Williams at Hilton & Hyland

Closed for: $42,508,888

Photos by: Rayni and Branden Williams, Williams&Williams Estates Group

SOLD: A Nature Retreat With Luxurious Convenience in Mind

Spanning 17,000 square feet and featuring high ceilings and an open concept, this sophisticated and elegant 10-bedroom, eight-bath home offers only the best. Stepping inside, visitors are welcomed by a grand entrance with abundant light. The chef's kitchen features designs by Dada and Armani/Casa, and bathrooms are designed by Boffi. Centrally showcased is a 200-year-old olive tree that functions as the heart of the home, adding warmth and bringing in a calming sense of nature.

Additionally, a high-end bar and wine cellar amp up the entertainment value. The real star, however? Surrounded by lush greenery, the home provides breathtaking views of Los Angeles. All this can be enjoyed from the cliffside pool and outdoor kitchen, perfect for hosting large gatherings.

Listed By: Kurt Rappaport at Westside Estate Agency and Branden & Rayni Williams at Hilton & Hyland

Closed for: $33,008,888

Photos by: Rayni and Branden Williams, Williams&Williams Estates Group

Ten X Realty launched this past November, founded by Burke Smith, previously founder of iPayOne and Realty ONE Group San Diego, alongside Spencer Lugash, one of the founders of Big Block Realty. Ten X serves all of California and is headquartered in San Diego.

"More than 125 agents have joined Ten X Realty since it was founded in November 2019 with the goal of being the largest full-service, luxury 100-percent commission brokerage. Myself and Lugash, two successful brokers who built big independent brokerages, came together with the intention of attracting agents like Rannie," says Smith. "We believe that the agent is the brand and we are here to give them the best legal and marketing support. Rannie is a shining example of why we created Ten X Realty.  A transaction like this required a lot of hard work and dedication by Rannie, along with hands-on legal and marketing support from the brokerage. And at Ten X Realty, agents receive 10x the value than they would receive at another brokerage."