LA’s Pink House Bankrupt!
LA's Pink House Bankrupt!
Sixteen years old and still no Certificate of Occupancy? This is a house with a story! Make that stories, plural. Plagued by alien spacecraft, sitting on top of an Indian burial ground, beloved by gangs, addicts and Satanists, this is also a house with a problem! Well, at least the last half of that statement is true. The butt of rumors that have become urban legend, the house's history has even become a storyline on a "Law and Order" episode! Having weathered commission, divorce and bankruptcies by many, the house is currently for sale at a previous appraisal price of $15.2m.
Sitting on 22 acres of the last undeveloped land in LA, the 9,800sf house has 5 bedrooms, 7 bathrooms, a 200 bottle wine cellar, six-car garage, stone floors, a pool, a Jacuzzi with a view over the acreage, the city and the Pacific. From the windows you can see snow-capped mountains and the Hollywood sign. The pictures are beautiful, laying to waste to the previous descriptions of gang destruction. There's a 24/7 armed guard on duty now to keep the goof balls away and make sure it stays that way! There may be some issues with the Zoning Board in order to obtain the CO, but what the heck, it's LA. Deal with it!
We know some visionary will grab it and run for the gold! Could that be you? Still for sale at $15.2m.
Source: www.2450solardrive.com
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