The property, sold by developer Adnan Sen, first hit the market for $39.9 million in 2020. It includes a nine-bedroom main house, one-bedroom guesthouse, a pool and a 10-car gallery garage. Continue reading
The off-market sale is a highlight for greater LA’s luxury market, which has slowed in the last year in response to market shifts, interest rates and new luxury taxes. Continue reading
J. Michael Issa of B. Riley Financial is alleging in a lawsuit filed in LA Superior Court last month that the city reneged on its word that permits on the property’s building site were still active. Continue reading