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Inside Lachlan Murdoch's $150 million mansion in Los Angeles.

Inside Lachlan Murdoch's $150 million mansion in Los Angeles.

Inside Lachlan Murdoch's $150 million mansion in Los Angeles.

Lachlan Murdoch, heir to a media empire, allegedly paid $150 million for a mansion in the Bel Air neighborhood of Los Angeles, making it the most expensive home ever sold in the city.

According to The Wall Street Journal, Murdoch, the eldest son of media mogul Rupert Murdoch, is the buyer of this 10-acre estate being sold after the death of A. Jerrold Perenchio in 2017. Perenchio, who was chairman and CEO of Univision, purchased it in 1986 for $14 million, adding three adjoining parcels of land.

In 2016, he purchased the neighboring home of former U.S. president and first lady Ronald and Nancy Reagan, which is also part of Murdoch's sale. The estate was originally appraised at $350 million, but was reduced to $195 million in August.

The 25,000-square-foot main dwelling has 11 bedrooms, 18 bathrooms and a limestone facade. The exterior of the estate was used in the credits of the television series The Beverly Hillbillies. It was built in the 1930s and owned by Chicago hotelier Arnold Kirkeby.

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Perenchio bought it in 1986 for $14 million and over time added three adjoining parcels of land. One of those lots includes a cabin that Perenchio converted into a 5,700-square-foot guest house, a second was demolished to create a driveway, and the third became a lawn for a helipad. The front yard includes views of the estate's backyard, including a majestic fountain surrounded by an avenue of trees. The main dwelling also has views of the landscape below from the bedrooms and walk-in master closet.

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