Beverly Hills Flats home turns quick trade for $20M

Beverly Hills Flats home turns quick trade for $20M

  • The Real Deal
  • 02/14/25

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.

Karlin is a founding partner of NKSFB, a Los Angeles-based firm that provides high-profile and high-net-worth clients with business management, tax and audit, recording artist, touring and athlete services.  

Property records show the trust purchased the home in 2015 for just under $13 million.

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

The brokerage declined to comment on the buyer.

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