$8.95 million — Beverly Hills
A 1950s Traditional-style home on a corner lot in the 1200 block of Laurel Way sold for $1 million less than the asking price. Previously, the half-acre property sold in 1979 for $620,000, property records show.
Marketed as a development opportunity, a listing for the property included renderings for a contemporary-style home with a subterranean garage, walls of glass and an infinity-edge pool and spa.
The current home has four bedrooms and 4.5 bathrooms, formal living and dining rooms and a wood-paneled den/office in 4,691 square feet of interiors.
Josh Altman of Douglas Elliman and Joe Babajian of Rodeo Realty were the listing agents. Amir Jawaherian of The Agency repped the buyer.
Article courtesy of the LA Times