Beverly Park mansion sells at auction for $51 million, an all-time record [Los Angeles Times (CA)]
Air Lease Corporation Class A (AL)
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Source: Los Angeles Times
A glass-half-full, glass-half-empty sale recently closed in Beverly Park, where an Italian-inspired mansion called Villa Firenze sold at auction for $51 million. The deal makes it the priciest home to ever be auctioned off, but the final number is more than $100 million shy of its original price tag of $165 million. The official sale price in the public record is $51 million, but an additional deal with furnishings from the home brought the tag up to around $60 million, according to a source familiar with the deal. Spanning 10 acres and centering on a 28,600-square-foot mansion, the estate had been floating on and off the market since 2017. It surfaced for sale at $160 million last summer before eventually hitting the auction block with no reserve earlier this year. Concierge Auctions , an online marketplace that specializes in luxury real estate, handled the sale. The company broke its own record; in 2018, it auctioned off a Florida mansion modeled after France’s Palace of Versaill
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