Compound on a lot once owned by Saudi royal sells for $16.8 million
A compound on a lot once owned by Saudi royal family member Abdul Aziz bin Abdullah has sold in Beverly Park for $16.875 million.
The two-house Mediterranean compound on more than three acres was built in 2002 in the gated community. Its combined 29,069 square feet of living space include 18 bedrooms and 28 bathrooms. The grounds include a swimming pooling, sun deck, cabana and a changing area.
For the Record, 11:04 a.m. Nov. 18: An earlier version of this online article said that Prince Abdul Aziz bin Abdullah was the seller of the Beverly Park property. Abdullah actually was a previous owner of the property; records list the seller as Abaz Holdings Inc.
The prince, 49, served as adviser to his father, the king of Saudi Arabia, from 1989 to this year and was appointed the deputy foreign minister in July, according to the Arab News.
The property came on the market last year at $21.995 million.
David Kramer of Hilton & Hyland, Beverly Hills, was the listing agent, while Carmen Berg of Ewing & Associates, Sotheby’s, Sherman Oaks, represented the buyer, according to the Multiple Listing Service.
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