Rob Lowe and his wife Sheryl Berkoff struck a deal to sell their Beverly Hills home this week after trying their hand with different listing agents and price points. The “St. Elmo’s Fire” and “West Wing” actor, along with Berkoff, sold the 1950-built residence at a discounted $4 million, or $1,347 per square foot in a deal that closed Thursday. Lowe and Berkoff originally placed the home on the market last July, asking $6.6 million, or $2,214 per square foot. The price was reduced a few times since then and was adjusted to an ask of $4.2 million in September. […]
This article originally appeared on The Real Deal. Click here to read the full story.
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