A Bel Air home built by Los Angeles architect Robert Byrd has been reduced in price from $12.95 million to $9.5 million, and any unsold items will be auctioned off next month.
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The former Los Angeles mansion of Tesla CEO and Trump’s future efficiency czar Elon Musk, once owned by the late actor Gene Wilder, was sold for a whopping $3 million. The New York Post reported Thursday that the company is at risk of foreclosure due to drastic price cuts.
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A Bel Air home built in 1951 by famed Los Angeles architect Robert Byrd has been reduced in price from $12.95 million to $9.5 million, and any unsold items will be auctioned off next month. The price reduction comes after the current owners, including Wilder’s nephew Jordan Walker Perlman, defaulted on payments.
Drew Meyers of Westside Estate Agency is representing the listing.
Musk originally purchased the 2,756-square-foot property in 2013 for $6.75 million. In 2020, the tech mogul announced plans to sell a number of his physical possessions, including his Bel Air home, on the condition that the home “will not be demolished and its soul will not be lost,” according to Mansion Global. Reported.
Musk kept his promise, selling the property to Walker Perlman and his wife, Elizabeth Hunter, for $7 million in 2020, according to real estate records. Musk provided a $6.7 million loan to close the deal.
However, Walker Perlman is having trouble repaying the loan. A notice of default was filed in July, and a receiver’s notice of sale was issued earlier this month, indicating the home would be auctioned on Dec. 3, according to Mansion Global.
The property listing still emphasizes Musk’s original desire to preserve the property, stating that “the property cannot be demolished and other restrictions may apply due to the historic nature of the property.” are.
In a statement obtained by Mansion Global, Myers said: “This important Robert Byrd home should never be demolished. It must be restored and brought back to life, preserving its beautiful soul. We want to make sure we sell it to people who appreciate its timelessness.”
The four-bedroom, five-bathroom residence combines classic charm with modern possibilities. As described in the property listing, original wood beam ceilings, a cozy fireplace, and a circular bar serve as the centerpiece of the open floor plan, creating an inviting space for living and entertaining. Masu.
Spread across 0.78 acres, the property features a sparkling pool surrounded by landscaped gardens, mature trees for privacy, and multiple outdoor areas for alfresco dining or relaxing with tranquil views of the golf course. Includes a seating area.
Legendary Willy Wonka and the Chocolate Factory actor Gene Wilder purchased the property in 1976 for $300,000. In 2007, Wilder sold the property for nearly $2.7 million before it became Musk’s property. In 2016, Wilder died of Alzheimer’s disease at the age of 83, the New York Post reported.
“This is your chance to own a home that not only offers unparalleled luxury, but also continues the legacy of one of Hollywood’s most beloved icons,” the property listing states.
Email Richelle Hamiel