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David Murdock Sells Bel Air Estate for $24M – L.A. Times



Article originally appeared on the L.A. Times, by Lauren Beale.

David H. Murdock, the Dole Food Co. chairman and chief executive, has sold a mansion in Bel Air on the market for $24 million.

Dole Food Co. Chairman and Chief Executive David H. Murdock has sold an estate in Bel-Air. (Simon Berlyn)

Designed by Gordon B. Kaufmann and built in 1927, the American Colonial Revival home features a grand entry gallery with 14-foot-tall arched ceilings and parquet floors. The main house includes two offices, a sun room, a wet bar and a free-standing spiral staircase.

The 1.5-acre property has terraced gardens, a swimming pool, a pool house, a guesthouse, a detached garage and a greenhouse.

There are six fireplaces, six bedrooms, nine bathrooms and 12,435 square feet of living space.

Kaufmann’s notable works include the Greystone Mansion in Beverly Hills and the Moderne-style Los Angeles Times building downtown.

The 91-year-old billionaire bought the house in 2001 for $10 million, public records show. He owns another property nearby.

His worth is estimated at $2.5 billion by Forbes.

The property he sold came on the market in December at $30 million.

Jeffrey Hyland and Rick Hilton of Hilton & Hyland / Christie’s International Real Estate and Karen Crystal and Nicki LaPorta of Ewing Sotheby’s International Realty were the listing agents. Drew Fenton and Trista Rullan of Hilton & Hyland /Christie’s International Real Estate represented the buyer, the Multiple Listing Service shows.