A Beverly Hills house designed by architect Wallace Neff in 1956 for comedic actor Groucho Marx has sold for $8.8 million.
The Trousdale Estates home, which was rebuilt and updated but maintains its Neff footprint, is a one-story contemporary with walls of wood and glass. There are five bedrooms, six bathrooms, a library and a maid?s suite in slightly more than 6,000 square feet. The gated three-quarter-acre lot has downtown L.A. and canyon views.
Marx shared the home with his third wife, actress Eden Hartford, until his death in 1977 at the age of 86.
The house came on the market in August at $12.9 million. It previously sold in 2007 for $4,675,000, according to public records.
The 90210 ZIP Code had 212 single-family home sales in 2009 at a median price of $2,775,000, according to MDA DataQuick, for a price drop of 17.2% from 2008. The 2009 sales price per square foot for the ZIP Code was $739.
-- Lauren Beale
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Photo: Although the house was rebuilt on the original footprint, the pool was relocated. Credit: Everett Fenton Gidley
Full story at http://feeds.latimes.com/~r/MoneyCompany/~3/FtYe0D-pPVg/hot-property-rebuilt-groucho-marx-home-sells-in-beverly-hills.html
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