The Latest Breaking News from the Los Angeles Times

Sylvester Stallone listed his 23-acre California ranch for $7.95 million; the equestrian estate had 29 horse stalls, a 7,500 sq ft log cabin and a lighted polo field; it finally sold for $4 million, half of its listing price

Sylvester Stallone's 23-acre Hidden Valley ranch in California, once built into a lavish equestrian estate with 29 horse stalls, a 7,500 sq ft log cabin and a lighted polo field, was listed for $7.95 million but eventually sold for $4 million, about half its original asking price. The sale, first…

The Economic Times · 21h ago

Leonard Ross bought the Beverly Hills Hearst Estate for $473,000 in 1976; 40 years later, he listed it for $195 million, but 5 years after that, the mansion headed to auction

Leonard Ross's Beverly Hills mansion was placed for auction due to accumulated debts exceeding $50 million. Initially listed for $195 million in 2016, the price was reduced over the years to attract buyers. Ultimately, a bankruptcy auction was held in September 2021 after failed sale attempts. Nicolas Berggruen emerged as…

The Economic Times · Sep 24

'Home Improvement' Star Jonathan Taylor Thomas Jailed After He Allegedly 'Kicked a Deputy in the Stomach'

Former Home Improvement star Jonathan Taylor Thomas was detained in California after authorities alleged he kicked a deputy during a DUI investigation.

International Business Times UK · Sep 24

'I Said Thank You and Ciao': Sylvester Stallone Reveals Why He Refused Trump's Role

Sylvester Stallone says he rejected Donald Trump's Hollywood ambassador role, arguing the industry's corporate structure makes the president's plan unlikely to succeed.

International Business Times UK · Sep 21

Israeli Influencer Adva Lavie Accused Of Drugging Billionaire Fiancé Stephen Cloobeck With Ketamine

Israeli influencer Adva Lavie is under investigation over an alleged ketamine drugging involving former fiancé Stephen Cloobeck, while she faces separate felony theft charges in Los Angeles.

International Business Times UK · Sep 20

Estate’s Price Swings: Robert Taylor Ranch moves from $45m ask to $12m auction; later resells for $18.7m

The Robert Taylor Ranch experienced a substantial decline in value after initially being priced at forty-five million dollars. Eventually, it was sold for only twelve million, following a hedge fund's seizure due to a financial fallout with its owner. Notably, twelve bidders vied for this exceptional estate during a 2012…

The Times of India · Sep 20

Malibu Estate Price Swings: Carson’s former home jumps to $110m; sale history charts luxury surge

Johnny Carson's iconic Malibu estate has embarked on quite a price adventure. Initially acquired for around nine point five million dollars, the property was later listed at eighty-one point five million dollars. It ultimately sold for forty million dollars in 2019 and has now returned to the market, boasting a…

The Times of India · Sep 19

Venomous sea snake returns to California beach after 8 years

A venomous yellow-bellied sea snake washed ashore at Crystal Cove, California. This marks the first such sighting in the state since 2018. Scientists believe warm ocean waters and shifting currents brought the reptile north. Experts advise the public to avoid handling the snake and report sightings. This unusual event offers…

The Times of India · Sep 18

Billionaire Brewers owner Mark Attanasio ordered to give up $2million property after Malibu ‘stolen’ sand dispute. Here's what happened

Milwaukee Brewers owner Mark Attanasio is facing a major setback in his Malibu beach dispute after California officials approved a settlement requiring his company to dedicate a roughly $2 million beachfront property for public use. The agreement follows allegations that heavy machinery was used to remove sand, cobble stones and…

The Economic Times · Sep 13

In 2020, Selena Gomez bought Tom Petty's former 11,500-square-foot LA estate for $4.9 million; six years later she sold it for $5.4 million

Selena Gomez has made a neat profit by selling her Encino home for $5.4 million, having originally purchased the property in 2020 for approximately $4.9 million. This unique residence, crafted in 1989 for rock legend Tom Petty, boasts an impressive recording studio and gourmet kitchen, and even served as the…

The Economic Times · Sep 12