From left: Jerry Perenchio, architect William Hefner and renderings of the property (Credit: Getty Images, Redfin) A land-only listing in Bel Air belonging to the estate of the late billionaire Jerry Perenchio has hit the market. For $15 million, the buyer gets the 1.41-acre lot, along with plans to build a 16,000-square-foot mansion. The property […]
Here’s the latest installment of the Mohamed Hadid saga
Mohamed hadid and the home (Credit: Getty Images) There’s a new wrinkle in the ongoing demolition of the so-called Starship Enterprise, built by spec home developer Mohamed Hadid. The four Bel Air neighbors who are suing Hadid for his half-built mansion are now claiming the property has moved an inch during the demolition process, further […]
Prolific spec home builder Ardie Tavangarian sells Bel Air mansion for $75M
The 25,000-square-foot home in Bel Air and Ardie Tavangarian (Credit: Hilton & Hyland and Getty Images) One of Bel Air’s biggest mansions has sold for $75 million, one of the highest prices paid for a home in Los Angeles this year. Prolific spec builder Ardie Tavangarian unloaded the massive 25,000-square-foot home to a buyer from […]
Developer lists a third of Park Bel Air for reduced price of $45M
Domvs London co-founder Barry Watts and 800 Tortuoso Way (Credit: Linkedin, Dougas Elliman) When the owners behind the Park Bel Air development site put the spread on the market for $150 million, it presented an opportunity for someone to build three mansions ranging up to 60,000 square feet each. Now, six months later and no […]
Jerry Perenchio’s Bel Air estate gets $50M price chop, its second cut since 2017
Jerry Perenchio and the Chartwell Estate The massive Bel Air estate of late media mogul Jerrold Perenchio just got another deep discount. Once a $350 million pocket listing, the 10-acre Chartwell Estate got a price cut of $245 million when it hit the Multiple Listing Service last fall. Now, it’s asking $195 million, according to […]
Here are LA County’s top 5 residential investment sales of May
Clockwise from top left: 281 Bentley Circle, 12710 Marlboro Street, 15000 Altata Drive, 306 Georgina Avenue and 1171 North Doheny Drive The price of 20,000-square-foot mansion in Bel Air accounted for more than half the total amount of the five priciest residential investment sales in Los Angeles County in May. While spec home prices in […]