Elon Musk sells 3 more LA homes for $ 40.9 million in total: Report

  • Tesla and SpaceX CEO Elon Musk sold three adjoining homes in the Bel-Air neighborhood of Los Angeles for a total of $ 40.9 million, the Los Angeles Times reported Wednesday.
  • The largest house – a six-bedroom, 7-bathroom mansion set on 1.5 acres of land – was reportedly sold for $ 29.72 million.
  • Musk sold several pieces in 2020 after promising to “own no home”. He sold another Bel-Air home to a Chinese billionaire for $ 29 million in June, and he sold the estate belonging to actor Gene Wilder in October.
  • Musk announced earlier this month that he was moving to Texas.
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Elon Musk seems to be living up to his promise of ‘no home ownership’: the Tesla billionaire has sold three more of his homes, the Los Angeles Times reported Wednesday.

On December 21 and 22, Musk – the second richest person in the world, with a net worth of $ 167 billion – sold three adjoining homes in the Bel-Air area of ​​Los Angeles for a combined amount of $ 40.9 million , the Times reported, citing property records.

The largest house – a mansion with six bedrooms and seven bathrooms located on 1.5 hectares of land – was sold for $ 29.72 million. A colonial-style house of 3,943 square feet across the street sold for $ 6.77 million, while the smallest house, a single-story house from the 1960s, sold for $ 4.43 million.

Read more: Elon Musk reveals Tesla’s plan to be at the forefront of a revolution in self-driving cars – and why he wants to be buried on Mars

According to the Times, all three homes are on the same cul-de-sac in Bel-Air.

The Bel-Air homes are among different pieces that Musk sold in 2020. In October, Musk sold the former estate of actor Gene Wilder for $ 7 million, $ 250,000 more than Musk paid for it. The home was sold to an LLC run by screenwriter and producer Elizabeth Hunter, who is married to filmmaker Jordan Walker-Pearlman, Wilder’s cousin, Variety reports.

In June, Musk sold another $ 29 million Bel-Air home to a Chinese billionaire, reports The Wall Street Journal. Musk bought the 20,248-square-foot home in 2012 for $ 17 million.

Musk tweeted in May that he intended to sell ‘almost all physical possessions’ and ‘would own no house’. Although Musk is known for making wild statements and big promises, he seems to be living up to his promise to download at least $ 100 million from his real estate portfolio – even though he said his girlfriend, the musician Grimes, was angry with him for the decision days before they welcomed a new baby.

Earlier this month, Musk announced he was moving to Texas after a month-long battle with regulators in California. This spring, local officials banned Tesla from operating its factory in the San Francisco Bay Area during shelters, which Musk described as “fascist” and non-American.

“Tesla will now move its headquarters and future programs to Texas / Nevada immediately,” he said. tweeted in May. He also quietly moved his charity to Texas.

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