Musk sells l.A. mansions for $62.5 million

Elon Musk has signed a letter of intent to sell four other multimillion-dollar properties in California,media reported. According to information listed on Zillow’s website, the Los Angeles-based properties are listed as multi-titled and listed for $62.5 million.

A few weeks ago, Musk vowed on Twitter to sell his property and put two Bel Air homes up for sale for $39.5 million, while another home in Hillsborough, California, sold for $35 million.

On May 1st the Tesla founder announced on Twitter that he intended to sell all the tangible property he owned. According to Forbes, the entrepreneur is home to more than $38 billion.

A few days later, on May 4, it was revealed that the billionaire had listed two properties in Bel Air on Zillow’s website.

The latest property was snapped up by Arya Chalon, LLC, DailyMail.com has learned. Arya Chalon, LLC, a new company led by prolific luxury developer and designer Ardie Tavangarian, has not disclosed the exact amount of the deal.

Musk sells l.A. mansions for $62.5 million

Musk sells l.A. mansions for $62.5 million

Musk sells l.A. mansions for $62.5 million

Musk sells l.A. mansions for $62.5 million

Musk sells l.A. mansions for $62.5 million

In a statement provided to DailyMail.com, the company said: “Arya Chalon, LLC will combine multiple properties into a new single development that will make it truly unique. Aya Chalon, LLC will provide all services for project development and construction, including design, architecture, interior design and property management. “

Zillow’s website describes the homes as a project for big thinkers to showcase one of The Best Landscapes of Los Angeles. The site also notes that due to listing restrictions, the additional specifications of each home and insight into the entire project will be required by qualified buyers. “

Musk sells l.A. mansions for $62.5 million

Musk sells l.A. mansions for $62.5 million

Musk sells l.A. mansions for $62.5 million

Musk bought his Hillsborough home in June 2017 for $23.3 million. The 16,000-square-foot mansion is set on 47.4 acres and has 10 bedrooms and 10 bathrooms. The mansion also has a swimming pool, ballroom, ballroom and a garage for 8 cars.

On May 4, Musk hangs out his lower Bel Air property, which overlooks the Bel Air Country Club.

The home is understood to have been bought by Musk in 2012 for $17 million and listed on Zillow for $30 million. The 16,251-square-foot mansion has six bedrooms, 11 bathrooms, a two-story library, swimming pool and tennis court. It also has a gym, wine cellar, orchard and a five-car garage.

Musk sells l.A. mansions for $62.5 million

Musk sells l.A. mansions for $62.5 million

Musk sells l.A. mansions for $62.5 million

Musk sells l.A. mansions for $62.5 million

The second property, owned by the late actor Willy Wonka, died in 2016, for $9.5 million. The mansion has 5 bedrooms, 4.5 bathrooms, an oval pool and a private guest cottage. In November 2013, Musk bought bel Air’s three-quarter-acre home for $6.75 million. Musk has since turned the property into a private school. Musk said in a May 1 tweet that buyers who want to buy the house must agree to a request that the house not be destroyed or lose its soul.

Musk sells l.A. mansions for $62.5 million

Musk sells l.A. mansions for $62.5 million

Musk sells l.A. mansions for $62.5 million

The house is one of six that Musk bought within walking distance of each house. He also purchased a seventh home near Tesla’s headquarters in Northern California.

Musk has spent more than $100 million on seven properties since 2012, the Wall Street Journal reported.

Musk assured his followers that he was not selling the property for economic reasons. “I don’t need money. But I want to devote myself to Mars and Earth,” he wrote on Twitter.

Musk’s fortunes have increased by $24.4 billion to $51.7 billion this year, making him the 17th richest person in the world, according to the Bloomberg Billionaires Index.