The 20,000-square-foot home on the compound sold for $45 million. Simon Berlyn
A wealthy Saudi buyer has snapped up two neighboring Los Angeles mansions to create a $52.2 million compound, The Wall Street Journal reported.
The mansion, which has seven bedrooms and about 20,000 square feet of living space, sold for $45 million, making it the most expensive home sold in LA this year, according to The Journal.
The four-bedroom, 4,300-square-foot home sold for $7.2 million and will house the buyer’s staff.
The buyer has not been identified, but Variety reported that the property was sold to an entity formed by a Pasadena tax attorney known for managing the finances of some of the wealthiest members of the Al Saud royal family.
Read and see much more – Saudi buyer spends $52.2 million on LA mansion.