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Restored 1928 Bel-Air Founder Mansion Listed at $32.5M After $5.5M Purchase

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A historic 1928 mansion originally built for Alphonzo Bell, the oil tycoon behind the creation of Los Angeles' Bel-Air neighbourhood, has been listed for $32.5 million. Michael Wexler purchased the property in 2010 for $5.5 million and undertook an extensive restoration over the following years. The Los Angeles estate spans 10,600 square feet and features seven bedrooms, a home theatre, a swimming pool, and a wine cellar. The grounds have also been enhanced with 26 newly planted redwood sequoias.

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