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Saudi buyer spends $52.2 million on Los Angeles compound: Photos




A wealthy Saudi buyer has snapped up two neighboring Los Angeles mansions to create a $52.2 million compound, The Wall Street Journal reported.

The larger home, which has seven bedrooms and about 20,000 square feet of living space, sold for $45 million, making it the most expensive home sold in LA this year, according to The Journal. The four-bedroom, 4,300-square-foot house sold for $7.2 million and will house the buyer’s staff.

The buyer from Saudi Arabia has not been identified, but Variety reported the property was sold to an entity formed by a Pasadena tax attorney known for managing the finances of some of the wealthiest members of the Al Saud royal family.

The seller is diamond manufacturer Rafael Zakaria.

Rayni Williams and Branden Williams of Hilton & Hyland shared the listing for the larger home with Aaron Kirman of Compass, and Kirman also held the listing for the smaller home.

Here’s a look inside the $52.2 million compound.

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