Quibi founder Jeffrey Katzenberg has sold his Beverly Hills mansion for $125 million, according to the Wall Street Journal.

Katzenberg made a huge return on the property having paid $30 million for the plot in 2009, before erecting a 26,000 square-foot mansion on it just three years later.

Having been sold off-market, details about the property are scant. However, aerial photos show the U-shaped home comes equipped with a tree-lined drive way, a spacious backyard and a large swimming pool.

Spanning nearly seven acres, the home overlooks the historic Tudor Revival-style Greystone Mansion and the Sunset Strip.

Its sale comes as one of the priciest in the state’s history - topped only by Jeff Bezos’ $165 million purchase of the Warner estate earlier this year, and Lachlan Murdoch’s $150 million splurge on Bel Air’s Beverly Hillbillies mansion in 2019.

The buyer is a family from the U.K. with homes in London and Aspen, Colo., according to a person familiar with the deal.

The deal was brokered by Kurt Rappaport of Westside Estate Agency, who represented both sides of the transaction.

Source: Daily Mail