Rod Stewart's former LA estate flips from $6.25m to $86m after restoration

A legendary estate in Holmby Hills, previously owned by Rod Stewart, has fetched an impressive $86 million. The sprawling six-acre property was split into two parcels, with television producer David Zander acquiring the main mansion for $57 million. Meanwhile, Nick Kaiser purchased a smaller parcel complete with a historic cabin for $29 million. This notable sale underscores the ongoing allure of grand historic properties.

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