Real Estate

A look inside a $65 million Beverly Hills mansion


The mansion at 1108 Wallace Ridge in Beverly Hills, California is 18,000 square feet and unfolds over two levels.

Mark Angeles

It took six years for this $65 million megahome to rise up on a ridge in Los Angeles.

Back in 2014, an outdated mansion sat on the half-acre lot at 1108 Wallace Ridge. It was on the market with an asking price of $18 million. Like many of the potential buyers who saw the Beverly Hills listing, developer Michael Chen loved the site, but he saw no value in the 6,300-square-foot house on the property. 

“It was a tear-down,” Chen said.

Nonetheless, the developer and his investor were drawn to it. The property is in the exclusive Trousdale Estates section of the 90210…


0 0 votes
Article Rating

Tropical storm Ida leaves scores without power; one death confirmed

Previous article

Oil, gasoline prices rise as Ida kicks hurricane season into a higher gear

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Real Estate