L.A. Spec Home Market Notches Win with Roughly $43M Sale

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An elaborate Los Angeles spec mansion has sold for roughly $43 million to a buyer in the private-equity sector

An elaborate Los Angeles spec mansion has sold for roughly $43 million to a buyer in the private equity sector, according to people familiar with the deal.

The property came on the market in April, priced at $46.5 million. The development team includes Max J. Fowles-Pazdro, a Los Angeles-based investor, and London & Regional Properties, which is headed by billionaire British developers Ian and Richard Livingstone.

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“Stephen Resnick and Jonathan Nash of Hilton & Hyland had the listing.” ...I was really hoping the article would have said Mauricio had it, KyleRichards!!! 😩

Astronomical property taxes..

hard pass except wine room and a couple of the chairs

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