The Trump Organization has sold one of its last remaining properties in Greater Los Angeles, a five-bedroom home in Beverly Hills. 809 N. Canon Dr. recently closed for $13,500,000, public records show. It was an off-market sale. The buyer was an entity named Hillcrest Asia Limited. The MLS reports prices have remained flat in the surrounding area; showing .0% change over this time last year.
In 2007, Trump Org. paid $7M for the home. The 5,400-square-footer sits at the top of Rodeo and Canon, where the two drives meet Sunset Boulevard, directly across from the Beverly Hills Hotel. In early 2017, The City of Beverly Hills began issuing fines on the Trump property because its tall hedges violated City ordinances. Trump Org. representatives contended the hedges were necessary to “ensure privacy” for Donald and/or members of his family. Trump Org. paid $1,128 in fines over the course of 2017, City records show.
The sale leaves the 250-acre Trump National Golf Club in Rancho Palos Verdes as the New York-based firm’s only remaining L.A.-area property.