
Musk's Spec-Building-Buyer Lists LA Rental for $350,000/Month
- By Jim Lowenstern
- Posted



There are an estimated 363,000 fewer properties this June than last.

Abel Makkonen Tesfaye, better known as "The Weeknd," is ready to let go of his Hidden Hills property for $25M. The artist purchased the estate back in 2017 for $18.2M, according to records, and, according to his record breaking records, he left it pretty much vacant.

Elon Musk is really doing it. A few weeks ago we wrote about his tweet and subsequent listings of a couple properties in Los Angeles. He decided to get rid of all of his material possessions, including his real estate portfolio. He even went as far as to undergo this task without a real estate agent. A lot of people scoffed, but Musk just sold his first million-dollar listing.

Welcome to West Lake Ranch, the 4,000-acre spread containing two entire lakes that offer incredible trout fishing, caves with pictographs left by indigenous tribespeople, and thousands of wild animals.

Saudi Prince Turki bin Nasser is asking $40 million for a compound in Beverly Park, or a little over a million bucks per bathroom.

Kylie Jenner recently revealed her newest mansion from architect Gala Asher, a $37M compound in Holmby Hills. Shortly after, ex-partner and baby daddy, Travis Scott, decided to follow suit with this $23.5 million purchase.

Paul George has listed his Hidden Hills property for nearly $9.5M.

David Price, Los Angeles Dodgers pitcher, has listed his Newton, MA mansion for $6.5M.

Rent prices have dropped significantly in the most expensive U.S. cities, such as: San Francisco, New York, and Boston.

James Shields, former American MLB pitcher, is listing his large estate in Rancho Santa Fe, CA, for nearly $6.5M.

Diana Jenkins is a successful entrepreneur, philanthropist, and member of Malibu's high-society; now she is listing her mansion for $125M.
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The power couple is letting go of their Beverly Hills Mansion for an asking price of nearly $14M.

Sylvester Stallone has recently listed his getaway home located in California for $3.35M.