CH. 7 BANKRUPTCY TRUSTEE SEEKS TO SELL THE PROPERTY SUBJECT TO OVERBID ON September 14th, 2021 at 11:00AM, Courtroom 1368, 255 E. Temple Street, LA CA 90012. THE MINIMUM OVERBID SHALL BE $48,000,000. BID MUST BE IN WRITING AND RECEIVED BY TRUSTEE OR COUNSEL ON OR BEFORE 5PM PST, September 10, 2021. THE COURT SHALL DIRECT AND PRESIDE OVER THE AUCTION AT THE HEARING. ANY OVERBID AFTER THE BASELINE BID SHALL BE IN INCREMENTS OF NO LESS THAN $100,000. THE BID SHALL PROVIDE EVIDENCE OF SUFFICIENT FUNDS TO COMPLETE THE TRANSACTION. One of LA's most iconic and legendary homes. The Hearst Estate was built in 1926 and is a prized property for collectors of fine architecture. As the former residence of newspaper magnate William Randolph Hearst, actress Marion Davies, and even used as a honeymoon hideaway for The Kennedys, The Hearst Estate is anchored in American Legend and is a one-of-a-kind home. Set at the end of one of the city's longest private driveway, this stunning estate pays tribute to its architect, Gordon Kaufman. The main house has 9 bedrooms and 15 bathrooms and enjoys a seemingly endless list of opulent living spaces. A formal living room is set under a soaring 22 ft arched hand-painted ceiling, a historic 2-story wood-paneled library, plus a billiards room w/fireplace reminiscent of Hearst Castle, an art-deco nightclub, 2 projection/screening rooms, grand state public rooms, and entertaining areas that can accommodate 1,000 guests. Complimenting the main house, the ancillary improvements include 2 staff/guest apartments, a pool house, a tennis pavilion, and a two-story 5 bedroom gatehouse. All this is set on 3.5 acres of private grounds with sun-soaked terraces, lawns, waterfalls & Olympic sized pool.
|
DAYS ON MARKET
|
183
|
LAST UPDATED
|
10/6/2021
|
|
YEAR BUILT
|
1926
|
COMMUNITY
|
Beverly Hills
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Sold
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
|
Prior to Jun 28, '21
|
$89,750,000
|
|
Jun 28, '21 - Sep 14, '21 |
$69,950,000
|
| Sep 14, '21 - Today |
$48,000,000 |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Refrigerator |
| AREA |
Beverly Hills |
| FIREPLACE |
Yes |
| GARAGE |
Circular Driveway |
| HEAT |
Central |
| INTERIOR |
Walk-In Closet(s), Wine Cellar |
| LOT |
3.53 acre(s) |
| LOT DIMENSIONS |
409x376 |
| PARKING |
Circular Driveway |
| POOL |
Yes |
| POOL DESCRIPTION |
Heated,In Ground,Private |
| STORIES |
2 |
| STYLE |
Mediterranean |
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Listed with Hilton & Hyland
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/25/24 6:37 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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