There's taking a loss in the real estate market, and then there's this -- the mountaintop property once considered the most expensive in the history of L.A. just sold for 10,000% less than asking price ... WTF?!
Long story short -- the investor didn't pay much back on the $45 million loan, so it ballooned to $200 MILLION with interest and fees. The Hughes estate foreclosed on the delinquent loan and auctioned off the property this week.
Interesting
Trump should have bought that instead Greenland!!
Where does the water come from for such greenness.
It was previously a secret Hollywood studio burial ground, for unemployed starlets in the 1940’s.
MichaelJackson
We r coming
They paid 45 million stop it!
Wowsers
How the f**k do you sell a mountain
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