Donald Sterling, former owner of the Los Angeles Clippers, has recently purchased a home at Beverly Hills for $18.382 million. Situated at Sunset Boulevard, the property measures around 2 acres. Its house is 7,000 square feet in size with five bedrooms and six bathrooms. The Los Angeles County tax records shows that the residence was built in the 1950s. It is covered with rustic stone and surrounded by mature specimen trees on a flat backyard, which features a swimming pool and a large guesthouse.
The estate, known to many Angelenos for its excessive holiday decorations, was sold by the former Chief Executive Officer and Chairman of Warner Bros. Records, Tom Whalley. Whalley acquired the property in 2001 for $5.15 million.
Sterling was represented in the off market deal by Dustin Nicholas of the Nicholas Property Group. Nicholas revealed that the Beverly Hills deal was closed last Sept. 8. He likewise disclosed that Sterling owns quite a number of homes in that area, and it is unclear if the controversial former NBA team owner will move in his new house.
Sterling owns dozens of post 60s apartments all throughout Los Angeles, and has a massive portfolio of more than 160 properties, which include a 16-acre spread in Malibu's Point Dume, and no less than four mansions in downtown Beverly Hills.
Sterling had been slapped with a $2.5 million fine, and has been suspended for life from watching games, attending practices, or participating in business or personnel decisions for the team last year. The fine was imposed by NBA commissioner Adam Silver for his racist remarks to purported girlfriend V. Stiviano. Silver also recommended to the NBA board of governors to force Sterling to sell his team. The real estate magnate has faced numerous complaints on racism and sexual harassment these past years, and has settled large sums of money in each case. He also announced recently that he filed for divorce from his wife of almost 60 years.
