November 26, 2022

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Comfortable residential structure

Elon Musk sells three Bel-Air residences for a merged $40.9 million

Correct to his term, Elon Musk is nicely on his way to possessing no property. The tech billionaire finished 2020 on a advertising spree, unloading three adjacent properties tucked into a Bel-Air cul-de-sac for a combined $40.9 million.

The a few profits every single closed a couple of times in advance of Christmas, information display.

Musk’s property-marketing saga commenced in Might, when the Tesla and SpaceX CEO tweeted that he prepared to sell practically all physical possessions, which include his handful of L.A. homes. The longtime California resident doubled down in December, moving to Texas and criticizing California on his way out.

He took the undertaking on himself a handful of weeks later, listing a whole of seven homes scattered throughout the condition for a mixed $137 million. The residences popped up on Zillow as “for sale by owner.”

He sold the 1st in June for $29 million and the next in October for $7 million. The latter, which was the moment owned by actor Gene Wilder, was acquired by a restricted legal responsibility firm tied to Elizabeth Hunter, wife of movie director Jordan Walker-Pearlman — who occurs to be a nephew of Gene Wilder.

The most recent a few all closed in between Dec. 21 and 22, with the biggest trading fingers for $29.72 million — about $5.5 million much more than Musk paid for it in 2016. The fashionable mansion was developed a calendar year earlier and sits on 1.5 acres with 6 bedrooms and 7 loos in 9,309 sq. ft. Out back, decks and patios surround a swimming pool perched at the edge of the hillside property.

Perched on a hillside, this modern mansion sold by Elon Musk has 6 bedrooms and seven loos in 9,300 square toes.

(NearMap)

Across the avenue, the next-greatest property marketed for $6.77 million — or about $375,000 additional than Musk compensated in 2019. Developed in the 1960s, the Colonial-design home attributes a whitewashed exterior offset by shutters and opens to a two-story ground plan with 4 bedrooms and five bathrooms in 3,943 square toes.

Rounding out the profits is a 1960s single-tale dwelling that he offered for $4.43 million. The smallest of the bunch, it has 4 bedrooms and 4 bogs in 2,963 square feet. Musk acquired the household for $4.3 million in 2015.

Musk, 49, is 1 of the world’s richest people, with Forbes estimating his net worth at $153.5 billion.