The 2,385-square-foot home, set on 1.1 acres, may not look like a luxury property at first glance, but its soaring sale price tells a different story. The estate, located at 284 Forest Drive South, hit the market on Dec. 13 for $1.1 million and went under contract a short week later.
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The U.S. Department of Housing and Urban Development (HUD) is the latest housing agency to be targeted by the Trump administration’s cost-cutting efforts. On Thursday night, Bloomberg Law reported that HUD’s union president told the publication that HUD plans to “discharge 50% of its workforce.” “Antonio Gaines, president of AFGE National Council 222, said the…
Zillow CEO Jeremy Wacksman said the company expects its leasing costs to drop by about $16 million over the next four years and anticipates earning $26 million in sublease income during the same period.
If completed as designed, the Beverly Hills estate will feature five bedrooms and eight bathrooms. Open-concept indoor-outdoor living spaces, a wellness center with a spa and indoor pool, and an entertainment basement with a home theater and private lounges are also in the plans.