Foreign Property News | Posted by Zarni Kyaw
(In Los Angeles, a manor that once belonged to Muhammad Ali is going under the hammer. CONCIERGE AUCTIONS)
Muhammad Ali’s former Italian Renaissance manor in Los Angeles is headed to auction, and bidding will open on Friday.
The more than 100-year-old abode, in the city’s Hancock Park, was acquired by the late boxing legend in 1979, according to Concierge Auctions, which is handling the online sale of the storied mansion alongside Stefani Stolper and Kristen Lawson of The Beverly Hills Estates and June Ahn of Coldwell Banker Realty. Bidding will close on May 15.
Designed by the architect John C. Austin, who is behind local landmarks including L.A.
City Hall and the Griffith Observatory, the palatial property was home to Ali and his family until 1984, property records show.
During his tenure, he hosted the likes of Sylvester Stallone, Clint Eastwood and Michael Jackson, the auction house said.
(Muhammad Ali was pictured at the home in 1980, before his last fight with Larry Holmes. Getty Images)
(The room still has the same panelling. Concierge Auctions)
Ali isn’t the only notable name to have called the manor home. Past residents include A.P. Giannini, the founder of Bank of America, and King C. Gillette, the founder of The Gillette Company, according to Concierge.
The current owners, who couldn’t be reached for comment, bought the home for $2.5 million in 2001, records with PropertyShark show.
The 10,500-square-foot property sits on 1.6 acres of park-like grounds.
(The park-like grounds extend to 1.6 acres. Concierge Auctions)
Outside, there’s a pool, gardens, pergola-dotted walkways and a separate 1,000-square-foot, one-bedroom guest house.
Ref: Muhammad Ali’s Knockout Former Los Angeles Mansion Is Going to Auction (mansionglobal)
Photo Credit: Concierge Auctions, Getty Images
