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The current home was completed in 2016 and listed at US $150 million on April 12, 2016, the second most expensive residence for sale in the United States at the time. [ 2 ] [ 7 ] [ 8 ] It was purchased in 2016 by billionaire Tom Gores , owner of the Detroit Pistons , in a US $100 million transaction in which several properties changed hands.
Miskell stressed that while AI systems will flag suspicious transactions, a “human is always in the loop” and federal agencies make the final determination of whether something constitutes fraud.
This List of largest houses in the Los Angeles metropolitan area includes 17 single-family residences that are known to equal or exceed 30,000 square feet (2,800 m 2) of livable space within the main house.
10050 Cielo Drive was the street address of a former luxury home in Benedict Canyon, in the west-central part of the Beverly Crest neighborhood of Los Angeles, bordering Beverly Hills, where three members of the Manson Family committed the Tate murders in 1969. The property had a main residence, guest house, pool, and 2-story garage.
Ecclestone purchased the home in 2011 for $85 million after it had been on the market for two years with an asking price of $150 million, making it the most expensive residential real estate listing at the time. [2] [3] In June 2019, it was sold for $119.7 million, a new record in California history. [4]
On March 28, 2014, the house reportedly sold to Magnus Aakvaag a Norwegian billionaire, close to the Fjellberg family, for US$102 million in cash, the most expensive property ever sold in Los Angeles County at the time, according to the Los Angeles Times. [6] [7]