29 November 2023 , 10:31
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A magnificent ten-bedroom mansion just doors away from the infamous Playboy Mansion has been sold for a mind-numbing £27.3 million.
The Los Angeles property contains a main three-story, six-bedroom house with 10 bathrooms, alongside a separate two-story guesthouse with four bedrooms and three baths. It covers a huge total of 21,000 square feet.
LA real estate investor Saeed Farkhondehpour had some difficulty in selling the property due to its sky-high price, but after around four years and two large price chops, he has finally sold the gigantic estate. It is a Neoclassical-style home in the Holmby Hills neighbourhood, which is also home to the world-famous Playboy Mansion.
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The Neoclassical property boasts two winding, symmetrical staircases (mediadrumimages / @carolwoodre)Farkhondehpour had originally asked for a £39.2 million price so he had to drop his asking price by £12 million. But that won’t be a major concern to him - given he purchased the land for just £3.5 million over two decades ago.
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The mansion was custom built by Farkhondehpour in 2020, after he first bought the 1.5 acre piece of land for £3.5 million in late 2002. He demolished a 1940s home designed by architect A. Quincy Jones in order to build the new mansion.
A beautiful veranda opens out onto the tennis court behind it (mediadrumimages / @carolwoodre)The house also played a starring role in The Dropout, a Hulu limited series from last year. The show portrayed the story of the real life Atherton, California mansion which was home to disgraced biotech entrepreneur Elizabeth Holmes (Amanda Seyfried) and Sunny Balwani (Naveen Andrews).
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Would it be an LA mansion without a pool? (mediadrumimages / @carolwoodre)The property includes a cinema, wine cellar, gym, sauna, underground garage fitting 13 vehicles, and a wet bar-equipped game room. The outdoors are almost more impressive with a large swimming pool, a pond, a beautiful fountain, a pergola with a barbecue and bar setup, a fire pit and a tennis court.
It is believed the property was bought by an interventional cardiologist, Vinod Jivrajka. Mr Jivrajka serves as a chairman of Episource Clarity Platform, a firm specialising in risk-adjustment services and solutions for healthcare providers. He was previously president and CEO of the AppleCare Medical Group, which he founded.
The original price was £12 million more than what it was sold for (mediadrumimages / @carolwoodre)The property was listed by Carolwood Estates alongside Lea Porter of The Beverly Hills Estates. The listing read: "Main-level highlights include a soaring entry foyer displaying a dual glass staircase that flows seamlessly to an expansive atrium-style living area boasting a linear fireplace and floor-to-ceiling walls of glass".
The modern kitchen has two islands (mediadrumimages / @carolwoodre)"There's also a fireside living room, formal dining room, and gourmet kitchen outfitted with two islands, top-tier Gaggenau appliances and an accompanying breakfast nook, as well as an upstairs master retreat flaunting a balcony, showroom-style closet and luxe bath."