Beverly Hills Flats home turns quick trade for $20M

Beverly Hills Flats home turns quick trade for $20M

  • The Real Deal
  • February 14, 2025

A Beverly Hills Flats home didn’t have to wait long to find a buyer.

A trust tied to business-manager-to-the-stars Michael Karlin and accountant Marc Sniderman sold the mansion at 622 North Elm Drive in less than a month on the market for $19.9 million. The purchase price is just shy of the $19.95 million ask the home had when it went up for sale Jan. 13.

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Carolwood Estates’ Richard Ehrlich represented the seller, while Carolwood’s Jonah Wilson negotiated on behalf of the mystery buyer.

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