Ellen DeGeneres just expanded her real estate portfolio ... scooping up a home in Beverly Hills.
Our real estate sources tell us the talk show host dropped a cool $8.5 million for the 5-bedroom, 4-bathroom home.
The place is 4,614 square feet and it looks like a fixer-upper. Real talk ... the home looks dated. It was built way back in 1961 and has been through at least one renovation.
Ellen closed escrow on the place Friday. It's got a pool, fire pit, chef's kitchen and lush gardens. Some of the rooms are even heated by furnaces.
She'll have some famous neighbors ... among them, Adele and Cameron Diaz.
It's the second home purchase in as many months for Ellen ... as we reported, she threw down $2.9 million back in June for a 2-bedroom pad in Santa Barbara.
Ellen's pretty familiar with Bev Hills real estate ... she recently sold a 2-story monster of a property she bought from Adam Levine.
Celeb realtor Kurt Rappaport repped Ellen in her latest purchase ... the home was sold by Tori Barnao and Aaron Kirman with the Aaron Kirman Group at Compass.