David Murdock, the billionaire Chairman and CEO of Dole Food Co., has reportedly found a buyer for his Bel Air mansion selling it off for $24 million.
Murdock listed the place in December 2013 for $30 million. The Los Angeles Times broke the news of the sale noting that Karen Crystal and Nicki LaPorta of Ewing Sotheby's International Realty and Jeffrey Hyland and Rick Hilton of Hilton & Hyland/Christie's International Real Estate shared the listing. Trista Rullen and Drew Fenton Hilton & Hyland/Christie's International Real Estate represented the buyer in the deal.
Public records show the sale closed June 12.
Murdock purchased the home for $10 million in 2001 from Italian designer Mossimo Giannulli and actress Lori Loughlin, who opened doors of the home to Elle Décor Magazine, reports Business Insider.
According to the listing records, the mansion is a 12,435-square-feet single-family residence comprises of six bedrooms and eight and a half bathrooms.
It was built in 1927 and exclusively designed by starchitect Gordon B. Kaufman. The residence has been renovated over the years, but its original features have been preserved.
Interiors of the house boast of dark hardwood flooring, drywall ceilings and French doors and windows. The home has spacious living areas with formal drawing and dining rooms. There is a gourmet kitchen that has custom cabinetry and a marble breakfast bar. A study/library, a wet bar, walk-in closets in bedrooms and a gym are some of its other luxury features.
Outside, the home has a pool and rolling gardens. There is a large parking garage as well.
Take a look at the photos of the home in a video below:
Forbes pegs Murdock's net worth at $2.5 billion. He owns another property near the Bel Air home he just sold off. He has many other homes in Los Angeles including one in the Stone Canyon area of Beverly Hills. He also has a ranch in Thousand Oaks, Calif.
Murdock also sold his Hawaiian Island of Lanai to fellow businessman Oracle CEO Larry Ellison in 2012.
"I have learned in life that change is inevitable and can be quite positive when guided in the right direction," Murdock said of the sale earlier.
The 91-year-old billionaire loves collecting stuff, according to the New York Times. He collects everything from animals to chandeliers and is a man full of grit, strength and power. He aims to celebrate his 125th birthday and keeps himself in amazing shape.
