It’s been six months for the reason that Bel-Air property owned by Osama bin Laden’s brother, Ibrahim bin Laden, was listed for $28 million.
And up to now, regardless of its prime location — inside strolling distance from the famed Lodge Bel-Air — there have been no takers.
The seven-bedroom, five-bathroom deserted property acquired a value lower of $2 million final week on January 26, the itemizing reveals.
Located on over two acres of land, the property is now priced at $26 million.
Ibrahim, who has owned the property for almost 4 a long time since 1983, deserted the house following the September 11 assaults.
Spanning over 7,100 sq. ft, he had lived there along with his former spouse, Christine Hartunian Sinay, a Los Angeles socialite with whom he shares daughter Sibba Hartunian. The 2 bought the Mediterranean villa-style mansion for $1,653,000 on the time, information present.
Whereas pictures of the house present a pink concrete exterior, inside pictures are scarce resulting from its deteriorating state. The home windows have been boarded as much as keep at bay vandals.
Any potential patrons is not going to solely must plunk down a hefty quantity for the house however tens of millions extra for renovations.
Inbuilt 1931, the itemizing notes the value relies on “land worth solely,” and site, and provides that the house is “prepared for redoing, proprietor has not been right here for over 20 years.”
The itemizing additionally describes the house as a “uncommon decrease Bel-Air lot with elevation and an elevated pad,” and features a visitor home, greenhouse, a pool, and disappearing driveway.
Regardless of its declined state, a number of palm timber proceed to outlive, and the swimming pool and spa seem well-maintained.
Ibrahim, the half-brother of Osama, is certainly one of 56 kids born to Saudi Arabian development tycoon Mohammed bin Awad bin Laden, who had 22 wives. Mohammed served because the patriarch of the multibillionaire bin Laden clan — a household with longstanding enterprise ties to Al Saud royals.
Throughout the ’60s, the property was owned by golden age Hollywood producer Arthur Freed, recognized for the famed productions “Singin’ within the Rain” and “The Wizard of Oz.”
In line with Steve Coll’s e book, “The bin Ladens: An Arabian Household within the American Century,” Ibrahim and his spouse employed “full-time groundskeepers, family assist, chauffeurs, and personal safety.”
The property was additionally one of many unique giant heaps developed by oil tycoon Alphonzo Bell, who's well-known within the Bel-Air group.
Following the September 11 assaults, Ibrahim, who had been vacationing overseas on the time, by no means returned to the US, petrified of the notoriety his final title would convey.
A onetime College of Southern California scholar who by his personal admission “by no means labored a day in [his] life,” Ibrahim rented out the property, and by 2010, it was used to shoot pornographic films.
The Submit has reached out to Florence Mattar of Coldwell Banker Realty, who's representing the property for remark.
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