MAJOR PRICE REDUCTION!!! Amazing opportunity to renovate, add on or build. Rarely does a lot like this become available. This estate is steeped in history; Kings, presidents, dignitaries, and Hollywood royalty have all been entertained here. Set on just over one acre, this 5 bedroom 8 bath home with 11 wood burning fireplaces is ready for a new owner. The sprawling estate, surrounded by lush greenery, features an elegant private drive, multiple indoor entertaining areas, a massive swimmers pool, vegetable gardens, and expansive outdoor loggias. The grand primary suite features a large walk-in closet, dressing room, and an oversized balcony overlooking the grounds. The lower level, 'Cantina' is an entertainer's dream highlighting one of the many gathering spots throughout the home. Your guests won't want to leave the magical grounds, but instead just stay in the separate casita just a few steps away. This is a once-in-a-lifetime opportunity to own a piece of Los Angeles history, for the most discerning buyer.