$135M mansion in Beverly Crest would set new LA County record

A 5,000-square-feet master suite and parking for 80 cars

If you can’t identify with the high cost of housing in Los Angeles, here’s a place for you: It’s got a 5,000-square-foot master suite, seven additional bedrooms, parking for 80 cars, and a $135 million price tag, the Wall Street Journal reports.

The house, situated on roughly 5 acres in Beverly Crest’s Wallingford Estates, also features a 155-foot-long infinity pool, two tennis courts, a caretaker’s house, and a boxing ring.

The spec mansion’s seller is developer Gala Asher of Dream Properties LA. Asher made headlines two years ago, selling a different spec house to Detroit Pistons owner Tom Gores as part of a $100 million deal.

Asher purchased this property in 2016, paying $22 million. At that time, the property was occupied by a circa 1990s house modeled after a French chateau. “Parts of the old house were demolished and new parts were built,” says the Journal.

If sold at its list price, the transaction for this house would set a new record for LA County by a long shot. The record now sits at $110 million—the price paid for a Malibu property that Hard Rock Cafe founder Peter Morton sold earlier this year.

An aerial view of the Beverly Crest neighborhood.
Los Angeles Times via Getty Images
An aerial view of the Beverly Crest neighborhood.

Source: http://feeds.feedburner.com/CurbedLA

2018-06-12T23:22:28+00:00June 12th, 2018|Real Estate News|