Showing posts with label 000. Show all posts
Showing posts with label 000. Show all posts

Monday, February 13, 2017

Mariah Carey's $100,000 a month rental at 9555 Heather, Beverly Hills, 90210 - Mary Cummins real estate appraiser

Mariah Carey, singer, entertainer, beverly hills, los angeles, home, house, bel air, 9555 heather, $100,000 rent lease per month Mary Cummins real estate appraiser
 Mariah Carey just rented this Beverly Hills post office, Los Angeles, California home at 9555 Heather for $100,000 per month. It was recently listed for $22,800,000.

Directions : Off Goldwater Canyon, North of Sunset.

Remarks : Enter the gates of this acre and a half East Coast traditional compound & you'll never want to leave. Nearly 15,000sqft, this Paul Williams designed Estate is one of Beverly Hills' last true Masterpieces. Gather your family for an afternoon of nirvana by the fabulous swimmers pool or gear up for a tennis match on your regulation-size court in the center of the home. The kids can enjoy a game of croquet while you cool off in the shade of your private outdoor dining rm.The grand theater & 2-lane bowling alley make for an entertainer's oasis.The 2 bedroom, manor-sequel guesthouse provides the most luxurious of appointments for your friends and family. With the guests away,enjoy a romantic evening in the private gazebo & stroll along the scenic paths that encircle the grounds.Warmth is felt in every square inch of the exquisitely designed, Ralph Lauren inspired, interiors. The ultimate family home & entertainer's estate,fit for intimately large parties that would be the envy of Jay Gatsby.

Agent Remarks : Short term available for lease at $130,000/m. Broker and broker's agents not responsible for information regarding square footage, permitted and non-permitted spaces, lot size, or lot dimensions. Buyer is advised to hire the appropriate professionals and rely solely on that.

Mariah Carey, singer, entertainer, beverly hills, los angeles, home, house, bel air, 9555 heather, $100,000 rent lease per month Mary Cummins real estate appraiser

Mariah Carey, singer, entertainer, beverly hills, los angeles, home, house, bel air, 9555 heather, $100,000 rent lease per month Mary Cummins real estate appraiser

Mariah Carey, singer, entertainer, beverly hills, los angeles, home, house, bel air, 9555 heather, $100,000 rent lease per month Mary Cummins real estate appraiser

Mariah Carey, singer, entertainer, beverly hills, los angeles, home, house, bel air, 9555 heather, $100,000 rent lease per month Mary Cummins real estate appraiser

Mariah Carey, singer, entertainer, beverly hills, los angeles, home, house, bel air, 9555 heather, $100,000 rent lease per month Mary Cummins real estate appraiser

Mariah Carey, singer, entertainer, beverly hills, los angeles, home, house, bel air, 9555 heather, $100,000 rent lease per month Mary Cummins real estate appraiser

Mariah Carey, singer, entertainer, beverly hills, los angeles, home, house, bel air, 9555 heather, $100,000 rent lease per month Mary Cummins real estate appraiser


County Land Use: Single Family Resid Heat Type: Central
Universal Land Use: SFR Cooling Type: Central
Lot Frontage: 286 Parking Type: Detached Garage
Lot Depth: 210 Garage Capacity: 2
Lot Acres: 1.3813 Roof Material: Wood Shake
Lot Area: 60,170 Roof Shape: Gable
Lot Shape: Irregular Construction: Frame
Style: Conventional Interior Wall: Plaster
Building Sq Ft: 9,987 Exterior: Shingle Siding
Stories: 2 Floor Cover: Hardwood
Condition: Excellent Foundation: Raised
Quality: Good Pool: Pool
Total Rooms: 10 Year Built: 1941
Bedrooms: 7 Effective Year Built: 2002
Total Baths: 11 Other Impvs: Fence, Addition, Shed
Full Baths: 11 Other Rooms: Dining Room, Family Room
Fireplace: Y Equipment: Range Oven, Dishwasher, Disposal, Range Hood
Fireplaces: 2 # of Buildings: 1

Link to home's website.

http://9555heather.com/

Virtual tour.

http://www.9555heather.com/video.php?id=87&mls=1

Mary Cummins of Animal Advocates is a wildlife rehabilitator licensed by the California Department of Fish and Game. Mary Cummins is also a licensed real estate appraiser in Los Angeles, California.

Mary Cummins, Mary K. Cummins, Mary Katherine Cummins, Mary Cummins-Cobb, Mary, Cummins, Cobb, real estate, appraiser, appraisal, instructor, teacher, Los Angeles, Santa Monica, Beverly Hills, Pasadena, Brentwood, Bel Air, California, licensed, permitted, single family, condo, pud, hud, fannie mae, freddie mac, uspap, certified, residential, certified resident, apartment building, multi-family, commercial, industrial, expert witness, civil, criminal, orea, dre, insurance, bonded, experienced, bilingual, spanish, english, form, 1004, 2055, land, raw, acreage, vacant, insurance, cost, income approach, market analysis, comparative, theory, appraisal theory, cost approach, sales, matched pairs, plot, plat, map, diagram, photo, photographs, photography, rear, front, street, subject, comparable, sold, listed, active, pending, expired, cancelled, listing, mls, multiple listing service, claw, themls,

Wednesday, January 18, 2017

$250 million home at 924 Bel Air, 718 Nimes for sale, Bruce Makowsky - Mary Cummins Real Estate Appraiser

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states

DISCLAIMER: The home and land are not for sale for $250,000,000. The $250,000,000 gets you the home, land and all contents, i.e. furniture, art, cars... Some journalists wrote articles saying that homes are selling for $250 million in Bel Air. No, they are not. The home and land by itself would sell for a lot less. Consider they bought the property which already had a large home on it for $11M in 2013. It had 4+8 6,898 sf home with sauna, library, media, projection,  maid rooms, pool, 4 fire places, built in 1926 with a killer view.

"It has all the hallmarks of a Big Deal house: 38,000 square feet spread across four floors, 12 bedrooms, 21 bathrooms, three kitchens, a 40-seat movie theater, an infinity pool with a swim-up bar and 270-degree hilltop views from downtown to the ocean.

The 60-year-old lives in a 27,000-square-foot Beverly Park mansion once leased by the late pop icon Prince and made his fortune selling handbags on QVC before turning to real estate six years ago. He’s built nine homes so far and furnishes them to reflect his own extravagant travels, interests and tastes."

"Real estate developer Bruce Makowsky (of BAM Luxury Group) largely builds properties for billionaire buyers, and he designed this home "on spec"—without a buyer in mind—but with the confidence that it would inevitably entice another billionaire. His assurance wasn’t overshot, as the house has already attracted more than half a dozen potential buyers after less than a day on the public market."

In an article Bruce Makowsky said that yachts where rich people live for maybe two weeks a year cost $300M, $500M. Why wouldn't rich people want to spend even more on their home where they list the rest of the year. I actually thought that same thought 20 years ago. I was amazed the super rich didn't build or buy super opulent compounds. And today they do. The home behind my place is 80,000 sf with every imaginable amenity you could ever want.

More photos of the property.

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states


924 Bel Air used to be this.

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states


County Land Use:Single Family ResidHeat Type:Central
Universal Land Use:SFRParking Type:On Site
Lot Frontage:186Garage Capacity:3
Lot Depth:250Roof Material:Tile
Lot Acres:1.0774Roof Shape:Gable
Lot Area:46,931Interior Wall:Plaster
Lot Shape:IrregularExterior:Stucco
Style:SpanishFloor Cover:Hardwood
Building Sq Ft:6,898Foundation:Raised
Stories:Tax: 2 MLS: 3Pool:Pool
Total Rooms:8Year Built:1926
Bedrooms:Tax: 4 MLS: 5Effective Year Built:1950
Total Baths:Tax: 7 MLS: 6.5Other Impvs:Fence, Addition, Shed
Full Baths:7Other Rooms:Dining Room, Utility Room
Fireplace:YEquipment:Range Oven, Dishwasher
Fireplaces:4# of Buildings:1

They have changed the address to 718 N Nimes Rd, Los Angeles, CA 90077. I don't know if they included the lot next door. Here is the plat map of 924 Bel Air. For some reason I can't find their permits.

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states

$250 million, $250,000,000, 924 Bel Air, 718 Nimes, Los Angeles Bel Air, 90077, California, Bruce Makowsky, BAM luxury group, most expensive home, united states


Mary Cummins of Animal Advocates is a wildlife rehabilitator licensed by the California Department of Fish and Game. Mary Cummins is also a licensed real estate appraiser in Los Angeles, California.

Mary Cummins, Mary K. Cummins, Mary Katherine Cummins, Mary Cummins-Cobb, Mary, Cummins, Cobb, real estate, appraiser, appraisal, instructor, teacher, Los Angeles, Santa Monica, Beverly Hills, Pasadena, Brentwood, Bel Air, California, licensed, permitted, single family, condo, pud, hud, fannie mae, freddie mac, uspap, certified, residential, certified resident, apartment building, multi-family, commercial, industrial, expert witness, civil, criminal, orea, dre, insurance, bonded, experienced, bilingual, spanish, english, form, 1004, 2055, land, raw, acreage, vacant, insurance, cost, income approach, market analysis, comparative, theory, appraisal theory, cost approach, sales, matched pairs, plot, plat, map, diagram, photo, photographs, photography, rear, front, street, subject, comparable, sold, listed, active, pending, expired, cancelled, listing, mls, multiple listing service, claw, themls,

Wednesday, April 22, 2015

Singleton House at 384 Delfern in Bel Air 90077 sells for $65,000,000 - Mary Cummins, real estate appraiser, Los Angeles

384 Delfern, Bel Air, California, Los Angeles, 90077, $65,000,000 Wallace Neff architect, Singleton House, Henry Earl Singleton, Henry Singleton, Teledyne, Teledyne Technologies, Mary Cummins, real estate appraiser


384 Delfern, Bel Air, California 90077 is one of the last major works by architect Wallace Neff. The mansion was built for Henry Earl Singleton, who co-founded Teledyne. Singleton died in 1999 at 82. Today the industrial conglomerate is known as Teledyne Technologies.

384 Delfern, Bel Air, California, Los Angeles, 90077, $65,000,000 Wallace Neff architect, Singleton House, Henry Earl Singleton, Henry Singleton, Teledyne, Teledyne Technologies, Mary Cummins, real estate appraiser

384 Delfern, Bel Air, California, Los Angeles, 90077, $65,000,000 Wallace Neff architect, Singleton House, Henry Earl Singleton, Henry Singleton, Teledyne, Teledyne Technologies, Mary Cummins, real estate appraiser

384 Delfern, Bel Air, California, Los Angeles, 90077, $65,000,000 Wallace Neff architect, Singleton House, Henry Earl Singleton, Henry Singleton, Teledyne, Teledyne Technologies, Mary Cummins, real estate appraiser

384 Delfern, Bel Air, California, Los Angeles, 90077, $65,000,000 Wallace Neff architect, Singleton House, Henry Earl Singleton, Henry Singleton, Teledyne, Teledyne Technologies, Mary Cummins, real estate appraiser

384 Delfern, Bel Air, California, Los Angeles, 90077, $65,000,000 Wallace Neff architect, Singleton House, Henry Earl Singleton, Henry Singleton, Teledyne, Teledyne Technologies, Mary Cummins, real estate appraiser
384 Delfern, Bel Air, California, Los Angeles, 90077, $65,000,000 Wallace Neff architect, Singleton House, Henry Earl Singleton, Henry Singleton, Teledyne, Teledyne Technologies, Mary Cummins, real estate appraiser

384 Delfern, Bel Air, California, Los Angeles, 90077, $65,000,000 Wallace Neff architect, Singleton House, Henry Earl Singleton, Henry Singleton, Teledyne, Teledyne Technologies, Mary Cummins, real estate appraiser

384 Delfern, Bel Air, California, Los Angeles, 90077, $65,000,000 Wallace Neff architect, Singleton House, Henry Earl Singleton, Henry Singleton, Teledyne, Teledyne Technologies, Mary Cummins, real estate appraiser

Mary Cummins of Animal Advocates is a wildlife rehabilitator licensed by the California Department of Fish and Game. Mary Cummins is also a licensed real estate appraiser in Los Angeles, California.

Mary Cummins, Mary K. Cummins, Mary Katherine Cummins, Mary Cummins-Cobb, Mary, Cummins, Cobb, real estate, appraiser, appraisal, instructor, teacher, Los Angeles, Santa Monica, Beverly Hills, Pasadena, Brentwood, Bel Air, California, licensed, permitted, single family, condo, pud, hud, fannie mae, freddie mac, uspap, certified, residential, certified resident, apartment building, multi-family, commercial, industrial, expert witness, civil, criminal, orea, dre, insurance, bonded, experienced, bilingual, spanish, english, form, 1004, 2055, land, raw, acreage, vacant, insurance, cost, income approach, market analysis, comparative, theory, appraisal theory, cost approach, sales, matched pairs, plot, plat, map, diagram, photo, photographs, photography, rear, front, street, subject, comparable, sold, listed, active, pending, expired, cancelled, listing, mls, multiple listing service, claw, themls,

Friday, November 7, 2014

9505 Lanai, Beverly Hills, California 90210, $195,000,000 Jeff Greene. Mary Cummins, Real Estate Appraiser

9505 Lanai Lane, Beverly Hills (post office), CA 90210 is owned by Jeff Greene a Forbes 400 real estate investor.

"Magnificent one-of-a-kind Estate compound w/ total privacy & security up a 1/4 mile private driveway. Fabulous Mediterranean Villa sits on 25+ prime acres minutes from Rodeo Drive. Suited for royalty, incredible room proportions, exceptional detail, amazing entertaining areas, extraordinary city & country vistas. Wine producing vineyards, tennis court, beautiful gardens, commercial kitchens, discotheque, fabulous master suite. Available fully furn, immediate occupancy & short term lease possible."

Currently listed for sale at $195,000,000. Has a $29,000,000 loan with JP Morgan Chase.

http://www.palazzodiamoreestate.com/
9505 Lanai Lane, Beverly Hills, California 90210. Jeff Greene Forbes 400 billionaire

9505 Lanai Lane, Beverly Hills, California 90210. Jeff Greene Forbes 400 billionaire

9505 Lanai Lane, Beverly Hills, California 90210. Jeff Greene Forbes 400 billionaire

9505 Lanai Lane, Beverly Hills, California 90210. Jeff Greene Forbes 400 billionaire

9505 Lanai Lane, Beverly Hills, California 90210. Jeff Greene Forbes 400 billionaire

9505 Lanai Lane, Beverly Hills, California 90210. Jeff Greene Forbes 400 billionaire

9505 Lanai Lane, Beverly Hills, California 90210. Jeff Greene Forbes 400 billionaire

9505 Lanai Lane, Beverly Hills, California 90210. Jeff Greene Forbes 400 billionaire
9505 Lanai Lane, Beverly Hills, California 90210

Mary Cummins of Animal Advocates is a wildlife rehabilitator licensed by the California Department of Fish and Game. Mary Cummins is also a licensed real estate appraiser in Los Angeles, California.

Mary Cummins, Mary K. Cummins, Mary Katherine Cummins, Mary Cummins-Cobb, Mary, Cummins, Cobb, real estate, appraiser, appraisal, instructor, teacher, Los Angeles, Santa Monica, Beverly Hills, Pasadena, Brentwood, Bel Air, California, licensed, permitted, single family, condo, pud, hud, fannie mae, freddie mac, uspap, certified, residential, certified resident, apartment building, multi-family, commercial, industrial, expert witness, civil, criminal, orea, dre, insurance, bonded, experienced, bilingual, spanish, english, form, 1004, 2055, land, raw, acreage, vacant, insurance, cost, income approach, market analysis, comparative, theory, appraisal theory, cost approach, sales, matched pairs, plot, plat, map, diagram, photo, photographs, photography, rear, front, street, subject, comparable, sold, listed, active, pending, expired, cancelled, listing, mls, multiple listing service, claw, themls,

Sunday, June 22, 2014

Dr Dre's home at 9161 Oriole for sale at $35,000,000 - Mary Cummins, real estate appraiser, Los Angeles, Animal Advocates

Dr Dre, Andre Romelle Young, Beats, Apple, 9161 Oriole, mansion, for sale, $35,000,000, billionaire

Dr Dre's home located in "Bird Land" is on the market for $35,000,000. Dr Dre (real name Andre Romelle Young) recently dropped $40 million on the four-acre Brentwood estate of supermodel and actress Gisele Bundchen and her husband, New England Patriots quarterback Tom Brady. The rapper closed on that compound two days after Apple Inc. officially announced it had acquired Beats, the company he co-founded with Interscope Geffen A&M Chairman Jimmy Iovine, for $3 billion.

In addition to co-founding Beats, Dr. Dre, 49, is the founder and chief executive of Aftermath Entertainment.
The Grammy winner and record producer bought the property in 2011 for $15.4 million. He has worked with Snoop Dogg, Eminem and 50 Cent, among others.

The contemporary estate he just listed has 9,696 square feet of living space and includes a library/media room, a den, a wine cellar, six bedrooms and nine bathrooms.There's a guesthouse and a swimming pool on the three-quarter-acre lot, which has 300-degree views of the city, mountains and ocean. 9161 Oriole built in 1951 on the bird streets of West Hollywood Hills is located on a .71 acres. It sold back in 2011 for $15,400,000 and has been extensively remodeled and upgraded.

Dr Dre, Andre Romelle Young, Beats, Apple, 9161 Oriole, mansion, for sale, $35,000,000, billionaire, Mary Cummins, Real Estate Appraiser, Los Angeles, California, Animal Advocates

Dr Dre, Andre Romelle Young, Beats, Apple, 9161 Oriole, mansion, for sale, $35,000,000, billionaire, Mary Cummins, Real Estate Appraiser, Los Angeles, California, Animal Advocates

Dr Dre, Andre Romelle Young, Beats, Apple, 9161 Oriole, mansion, for sale, $35,000,000, billionaire, Mary Cummins, Real Estate Appraiser, Los Angeles, California, Animal Advocates

Dr Dre, Andre Romelle Young, Beats, Apple, 9161 Oriole, mansion, for sale, $35,000,000, billionaire, Mary Cummins, Real Estate Appraiser, Los Angeles, California, Animal Advocates

Dr Dre, Andre Romelle Young, Beats, Apple, 9161 Oriole, mansion, for sale, $35,000,000, billionaire, Mary Cummins, Real Estate Appraiser, Los Angeles, California, Animal Advocates

Dr Dre, Andre Romelle Young, Beats, Apple, 9161 Oriole, mansion, for sale, $35,000,000, billionaire, Mary Cummins, Real Estate Appraiser, Los Angeles, California, Animal Advocates

Dr Dre, Andre Romelle Young, Beats, Apple, 9161 Oriole, mansion, for sale, $35,000,000, billionaire, Mary Cummins, Real Estate Appraiser, Los Angeles, California, Animal Advocates


Mary Cummins of Animal Advocates is a wildlife rehabilitator licensed by the California Department of Fish and Game. Mary Cummins is also a licensed real estate appraiser in Los Angeles, California.

Mary Cummins, Mary K. Cummins, Mary Katherine Cummins, Mary Cummins-Cobb, Mary, Cummins, Cobb, real estate, appraiser, appraisal, instructor, teacher, Los Angeles, Santa Monica, Beverly Hills, Pasadena, Brentwood, Bel Air, California, licensed, permitted, single family, condo, pud, hud, fannie mae, freddie mac, uspap, certified, residential, certified resident, apartment building, multi-family, commercial, industrial, expert witness, civil, criminal, orea, dre, insurance, bonded, experienced, bilingual, spanish, english, form, 1004, 2055, land, raw, acreage, vacant, insurance, cost, income approach, market analysis, comparative, theory, appraisal theory, cost approach, sales, matched pairs, plot, plat, map, diagram, photo, photographs, photography, rear, front, street, subject, comparable, sold, listed, active, pending, expired, cancelled, listing, mls, multiple listing service, claw, themls,

Wednesday, April 2, 2014

Fleur de Lys 350 N Carolwood, Los Angeles, CA 90077 sells for $102,000,000. Mary Cummins, real estate appraiser Los Angeles


UPDATE: It actually sold for $88M. Fleur de Lys at 350 N Carolwood, Los Angeles, CA 90077 just sold for all cash for $102,000,000. This home is 1/4 mile from my house but couldn't be more different. Here are some photos from the 2007, 2011 and 2014 listings. Obviously buyers needed to pre-qualify just to look at the home.

The 50,000 sf home was sold by socialite Suzanne Saperstein who built it in 2002 with her then husband, Metro Networks founder David Saperstein. They divorced three years after work was finished, and she first listed property in 2007 just as the Great Recession took hold. It was relisted, expired then relisted just now and sold in four days. The market has changed dramatically.

12 bedrooms, 15 baths on rare flat 4.6 acres in prime Platinum Triangle. The Platinum Triangle consists of very large, luxury homes on large lots above Sunset in Holmby Hills, Bel-Air and Beverly Hills. This area has the most expensive homes in the area for this reason. They are much more expensive than Beverly Hills. It's listed as Beverly Crest but it's too low on the hill to actually be Beverly Crest. Beverly Crest was the name of a development on Mulholland near Coldwater Canyon in Beverly Hills 90210 post office. As a real estate appraiser, broker for over 30 years there are many little niche areas in this area because of the topography, view, lot size and zoning.

Mary Cummins, Real Estate Appraiser, Los Angeles, California, 350 N Carolwood, Fleur de Lys, $102,000,000


Below is the only photo shown on the MLS. You need to prequalify to see the other photos. I have posted them here. The sale included furniture.
Mary Cummins, Real Estate Appraiser, Los Angeles, California, 350 N Carolwood, Fleur de Lys, $102,000,000


Mary Cummins, Real Estate Appraiser, Los Angeles, California, 350 N Carolwood, Fleur de Lys, $102,000,000

Mary Cummins, Real Estate Appraiser, Los Angeles, California, 350 N Carolwood, Fleur de Lys, $102,000,000

Mary Cummins, Real Estate Appraiser, Los Angeles, California, 350 N Carolwood, Fleur de Lys, $102,000,000

Mary Cummins, Real Estate Appraiser, Los Angeles, California, 350 N Carolwood, Fleur de Lys, $102,000,000

Mary Cummins, Real Estate Appraiser, Los Angeles, California, 350 N Carolwood, Fleur de Lys, $102,000,000
Below is the summary of the MLS listing as a jpg.

Mary Cummins, Real Estate Appraiser, Los Angeles,  California, 350 N Carolwood, 90077, $102,000,000
Mary Cummins, Real Estate Appraiser, Los Angeles, California, 350 N Carolwood, Fleur de Lys, $102,000,000

"Fleur de Lys on L.A.’s Westside has changed hands for $102 million, making it the highest-priced home sale ever recorded in L.A. County. Three billionaires engaged in a bidding war for the nearly five-acre trophy estate, the winner closing in 10 days in an all-cash deal that included antique furnishings.

The 50,000-square-foot residence was sold by socialite Suzanne Saperstein, who had the mansion custom built in 2002 with her then husband, Metro Networks founder David Saperstein. They divorced three years after work was finished, and she first listed property in 2007 just as the Great Recession was taking hold.

The buyer of Fleur de Lys was initially identified as a French billionaire, but a copy of the grant deed obtained by The Times shows the taxes will be mailed to Milken Institute in Santa Monica. The nonpartisan think tank is chaired by businessman, philanthropist and onetime “junk bond king” Michael Milken.

The taxes go to the law firm of Maron & Sandler also located at the Milken Institute. Richard Sandler has represented Milken in the past. A representative for Milken denied that Milken or the Milken Institute purchased the property, which was taken in the name of a limited liability company.

The sale does not top the U.S. record set last year when a mansion on nine acres in the Northern California community of Woodside went for $117.5 million. That deal's buyer and seller were business partners and may have included other considerations.

The transaction does beats the long-held local record established in 2000 when Dole Food Co. billionaire David Murdock sold a Bel-Air property to financial executive Gary Winnick in a $94-million deal that involved a parcel of land in trade.

This affluent Westside stretch of Holmby Hills, Bel-Air and Beverly Hills known as the Platinum Triangle for its wealth and top-dollar estate properties was ripe for a home sale of such magnitude.
The ranks of the ultra-wealthy continue to grow, and L.A. prices seems like bargains compared with other major cities -- particularly to foreign buyers, real estate experts say. And there are only so many mega-estates to choose from.

“This is a very thin market, in a similar vein to an art market,” said economist Gary Painter, director of research for USC’s Lusk Center for Real Estate. “There’s only one of that type.”

Kurt Rappaport of Westside Estate Agency, who represented Saperstein in the sale, echoed that sentiment. “This is one of the greatest estates in Los Angeles, if not the country.”

Completed in 2002, the compound stretching between Carolwood and Angelo drives was years in the making. Purchases of the adjacent parcels that make up the estate took five years and an additional six years were spent in various stages of construction, from groundbreaking to fruition.

Wrought-iron gates open to a 600-foot-long tree-lined driveway that leads to a cobblestone courtyard in front of the house. Just inside the front door is a marbled-floored two-story entry hall topped by a gold-leaf paneled ceiling. A pair of staircases lead upstairs, and a doorway flanked by columns looks out to the back yard and gardens.

Inspired by Vaux-le-Vicomte, a palace outside Paris, the mansion has also been likened to miniature Versailles surrounded by formal gardens, mature trees and a soccer-field size expanse of lawn. The 4.6 acres of grounds include two motor courts, a swimming pool and spa complex and a tennis court.
Imported limestone blocks enclose a massive steel frame, set on rollers in the foundation, to safeguard the structure in an earthquake. Interior spaces include a ballroom for parties of 500, a two-story wood paneled library, a movie theater, a music room, a dozen bedrooms and 15 bathrooms.

Services spaces include a commercial kitchen, a room for the cutlery and dishes, a butler’s pantry, a staff dining room, staff offices and a security center.

The 3,000-square-foot wine cellar and tasting room is larger than most American houses, as is the manager’s house.

Those who have never stepped foot in the palatial estate may have had an unknowing glimpse on television or at the movies. Parts of it were used for the ABC drama “Big Shots” (2007-08), Audi commercials during the 2008 Super Bowl, and the 2011 film “The Green Hornet.”

Others were able to purchase a piece of the estate two years ago when Sotheby’s auctioned some of Saperstein’s antique furniture. The more than $8 million in sales was topped by a 21-light German chandelier from the 1700s that brought about $602,500.

Although the neighborhood containing Fleur de Lys is generally accepted as Holmby Hills, the L.A. Times Mapping Database considers it to be Beverly Crest.

Fred Bernstein of Westside Estate Agency represented the buyer, who beat out billionaires from England and China."

http://www.latimes.com/business/money/la-fi-mo-fleur-de-lys-20140331,0,7233094.story#ixzz2xkb95Ben


Mary Cummins of Animal Advocates is a wildlife rehabilitator licensed by the California Department of Fish and Game. Mary Cummins is also a licensed real estate appraiser in Los Angeles, California.

Mary Cummins, Mary K. Cummins, Mary Katherine Cummins, Mary Cummins-Cobb, Mary, Cummins, Cobb, real estate, appraiser, appraisal, instructor, teacher, Los Angeles, Santa Monica, Beverly Hills, Pasadena, Brentwood, Bel Air, California, licensed, permitted, single family, condo, pud, hud, fannie mae, freddie mac, uspap, certified, residential, certified resident, apartment building, multi-family, commercial, industrial, expert witness, civil, criminal, orea, dre, insurance, bonded, experienced, bilingual, spanish, english, form, 1004, 2055, land, raw, acreage, vacant, insurance, cost, income approach, market analysis, comparative, theory, appraisal theory, cost approach, sales, matched pairs, plot, plat, map, diagram, photo, photographs, photography, rear, front, street, subject, comparable, sold, listed, active, pending, expired, cancelled, listing, mls, multiple listing service, claw, themls,

Take 3 Film Festival at Plaza de Cultural y Artes by Mary Cummins, Maria Rivera

Take 3 Film Festival presented by East LA Film Festival , Panamanian International Film Festival/LA and La Plaza de Cultura y Artes was hel...