Magazine article Variety

Donald Sterling Still Buying in Beverly Hills

Magazine article Variety

Donald Sterling Still Buying in Beverly Hills

Article excerpt

It was our plugged-in Fairy Godmother in Bel-Air from whom we first heard word - and property records now confirm - that publicly pilloried former Los Angeles Clippers owner Donald Sterling shelled out almost $18.4 million in an off-market deal to acquire a well-known Sunset Boulevard estate sold by former Warner Bros. Records CEO and chairman Tom Whalley.

The 1.6-acre estate, famous among Angelenos for its over-the-top holiday decorations, was acquired by Whalley in 2001 for $5.15 million. L.A. County tax records show the existing residence was originally built in the 1950s, and measures in at a smidgen over 7,000 square feet, with five bedrooms and six bathrooms. The residence, clad in rustic stone and shielded by mature specimen trees, sits on a slight knoll, and wraps around a pancake-flat backyard with swimming pool and good sized guesthouse. …

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