TMZ

Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

Ellen DeGeneres

I Just Made a Fortune

Flipping My New Mansion

7/7/2014 1:00 AM PDT BY TMZ STAFF
EXCLUSIVE

0706-ellen-degeneres-house-launch-v4Ellen DeGeneres just flipped the amazing house she bought around New Year's -- after only living there a few months -- and the buyer was Napster co-founder Sean Parker ... who opened his wallet wide.

The Brody House -- yes, the place is so baller it has a name -- was sold to Parker for $55 million ... which means Ellen made a tidy $15 mil profit.  She bought it for around $40 million.  We're good at math.

We're told Parker approached Ellen and Portia late last month with the offer ... he went nuts over the famous house and Ellen's interior design.  We're told even though she never intended to flip the house, she couldn't refuse a good deal.  The escrow was all of 8 days.  It closed last Thursday. 

Ellen and Portia quickly snatched up the entire floor of a condo in Beverly West (fancy schmancy condo near Bev Hills) for $16 mil ... combining two units for new digs.  But when they want real space, they'll go to their mega-estate is Santa Barbara.

We called their broker -- uber-real estate agent Kurt Rappaport -- but our calls weren't returned.

The rich get richer.

0706-ellen-degeneres-house-sub-01

75 COMMENTS

No Avatar
1.

Clytemnestra    

FAMOUS IN 12 JUST GOT CANCELLED AFTER FIVE EPISODES!

77 days ago
2.

awards    

WOW! Maybe time for a new love interest too!

77 days ago
3.

Jordan    

I can't believe there was an employee who was able to figure out if you buy the Property at 40 Million and You Sell it for 55 Million you get 15 Million, Now Before the Employee that was able to figure that out, now has to figure out Ellen did not Make 15 Million dollars, TMZ Forgot Closing Cost, they Forgot Luxury Tax on the Property, they forgot Realty Fees, Now does TMZ want to Figure out what Ellen Really Made.

77 days ago
4.

Jordan    

Ellen Must be Poor, she Can't afford to live next to Justin Beiber?

77 days ago
5.

SoCal Born     

As the saying goes, the rich keep getting richer....

77 days ago
6.

Kobe_No_Means_No    

Harvey's always hatin' on other gays' wealth. Harvey, if you worked harder it could've been you. Truth.

77 days ago
7.

OhWell    

Ellen De Generate.

77 days ago
8.

tmon3ydadjmbr    

Well, get it however you can get it.

77 days ago
9.

Pure Evil    

Why would anyone go from a mansion to an apartment. Dumb broads.

77 days ago
10.

Dover    

This kind of home appreciation is not uncommon in Obama's booming economy. We bought a home in Hawaii for just over 400K and in one year alone it earned an estimated 130K in equity. Keep saying Obama is ruining the country, meanwhile, we will keep going to the bank....

77 days ago
11.

belyoe    

Capital gains

77 days ago
12.

01void    

Good for Ellen but not to smart of Sean Parker, but when you got it you can do stupid things.

77 days ago
13.

yop    

buys a 16 million dollar condo when there's millions of people starving to death around the world.. Ellen DeGeneres is a degenerate... worthless dike

77 days ago
14.

Jo    

Why is it that everyone always has to comment about how people spend their money? It's NOT your money! Oh and then the name calling is such an elementary thing. Grow up!

77 days ago
15.

Na.na.na.na Booboo.....stick ya head in doodoo    

I heard ellen is a beech behind the cameras

77 days ago
| 1 | 2 | 3 | Most Recent | Next 15 Comments

Around The Web