RH CEO Gary Friedman Buys $37 Million Beverly Hills Estate
Another sky-high residential trade has listed in among L.A.’s tonier zip codes. This time, a fresh house tucked in the mountains over Beverly Hills — at a place of Los Angeles town called Beverly Hills Post Office — sold for $37 million to Gary Friedman, the social and perma-tanned longtime CEO of RH (previously Restoration Hardware.) The deal was first reported by the Wall Street Journal.
Constructed on speculation by former Northrop Grumman CEO Kent Kresa in cooperation with his longtime associate, architectural designer Tim Morrison, the nearly perfectly symmetrical mansion”references components of Hollywood Regency along with the fantastic estates of Palm Beach,” each list. Privately located behind gates in the end of a silent cul-de-sac, the. 78-acre property provides a massive motorcourt and a towering entryway flanked by two thick columns of carved cement blocks which extend from the floor to the roofline.
Soft neutral colours pervade the house’s 11,000 square feet inside area, and warm sunshine dances throughout the skylit foyer, the dining room and living rooms — using their floor-to-ceiling walls of glass — and also the midcentury modern-inspired wet bar. There is also an impossibly slick gourmet kitchen with stainless and chrome luxury appliances, a health club and an amazing home theatre with tiered seating.
The upstairs master suite is tucked away in its own wing also has its own sitting area, double baths plus a private patio, with jetliner views which sweep on a massive swath of this L.A. bowl along with the house’s backyard, where there is an infinity-edged swimming pool and formal gardens.
Friedman’s brand new $37 million Blvd is located only two doors away in an even bigger compound which has been marketed back in 2018 to get a whopping $41.5 million into Walmart heiress Paige Laurie. And this spread can also be only a couple minutes’ drive from Friedman’s previous house, an $11.3 million Beverly Hills shack he sold 2017 to its present owner, personal equity titan Graham Clempson.
COPYRIGHT_BP: Published on https://bingepost.com/rh-ceo-gary-friedman-buys-37-million-beverly-hills-estate/5048/ by Cecilia Jones on 2020-01-14T04:36:22.000Z
As for its now-retired Kresa, he has long nurtured a property investment hobby. Way back 2007, he offered a second Beverly Hills villa for about $ 18.2 million into David and Victoria Beckham. (The Beckhams, incidentally, flipped that home at 2018 for $33 million money to L.A. Rams owner Stan Kroenke along with his spouse, multibillionaire Walmart heiress Ann Walton Kroenke.)
Jade Mills of Coldwell Banker and Drew Fenton of Hilton & Hyland collectively held the record; Kurt Rappaport of Westside Estate Agency repped Friedman.