310-278-3311

WSJ: Large Bel Air Estate Sells for Over $33 Million

The Doheny estate was listed for $43 million in February

Article originally appeared on The Wall Street Journal, by Candace Taylor.

doheny_estate

The Doheny estate in the Bel Air neighborhood of Los Angeles has sold for more than $33 million, according to people with knowledge of the deal. The property was listed for $43 million in February by Rick Hilton of Hilton & Hyland, along with Judy Feder, Jeff Hyland, Mich Rogers and Tyrone McKillen. The buyer was represented by Susan Smith and Drew Fenton of Hilton & Hyland. On just over 3½ acres, the property is one of the largest in Bel Air, Ms. Feder said. The house was the home of William H. Doheny, Sr. , grandson of oil baron Edward Laurence Doheny, Sr. , and his wife, Onnalee. It is over 10,000 square feet, but a much larger house could be constructed on the site, Ms. Feder said, and most potential buyers were interested in building a new house there. Ms. Feder declined to name the buyer, but said the purchaser is from New York.

View Now
International Listings
View Now
Market Insights
View Now
Open Houses
View Now
Sold Properties

RECEIVE OUR LUXURY REAL ESTATE NEWSLETTER