When he’s not launching rockets or digging underground tunnels or “frivolously” gallivanting on his private jet or smoking green with Joe Rogan, Elon Musk is busy expanding his Bel Air real estate empire.
Yolanda has written about ol’ Musky’s property purchases on multiple prior occasions — the last time was more than two years ago, when he dropped $24+ million on his fifth area home. More on that a bit later.
Mr. Musk likely needs no introduction to most readers, but y’all may not know that he is widely believed to be LA’s richest full-time resident by a mile. Both Forbes and Bloomberg peg his net worth at well north of $20 billion, so he’s clearly got the cash to indulge a real estate fetish.
The multi-faceted entrepreneur, now 47, co-founded PayPal and serves as CEO of much-publicized SpaceX. But he’s likely most famous for his Tesla electric car company — many gearheads have placed him on a Steve Jobs-like pedestal for spearheading the quixotic auto firm’s rise into a juggernaut that has left competitors scrambling.
Truthfully, Tesla’s cult-like following has always made Yolanda a bit wary — we’ll steer clear of the Kool-Aid and stick to our ordinary gas-propelled vehicle for now, thankyouverymuch. Ol’ Musky kinda gives us John DeLorean vibes. But Yolanda’s mother has the Tesla SUV and swears on her MADD bumper sticker that “it really is all that!!!” (Mmhmm, sure — whatever you say, ma’am.)
But we digress — let’s peep the real estate. Records reveal that Mr. Musk has just used a mysteriously-named LLC to pay $6,400,000 for yet another Bel Air home.
Mr. Musk’s latest acquisition was never publicly listed for sale, so unfortunately we don’t have any professional pictures to share. But we do know that the stately (if rather unmemorable) existing house was built in 1964 and has long been owned by a non-famous woman.
We’re not sure when Ms. Non-famous acquired the .85-acre hillside spread, but it was not within the last 30 years. And y’all can be certain that she paid a tiny fraction of the $6.4 million she just received from Mr. Musk — the property’s last assessed value was a mere $310,000! Ka-ching.
Good for Ms. Non-famous, we suppose.
The two-story home has a roomy (but not massive) 3,943-square-feet of living space with 4 bedrooms and 5 bathrooms. There’s a paneled library, a kidney-shaped pool with eastward views of the city lights and Downtown LA skyline, and a spacious front yard with grassy lawn shaded by mature magnolia trees. Kinda looks like a place you might stumble across in rural Alabama or Virginia, not smoggy LA.
So what’s Mr. Musk planning to do with this place? Good question! He hasn’t yet returned Yolanda’s texts, so we cannot say for certain. But with a net worth of $20+ billion, does the guy really need a reason to buy his neighbor’s home? And for the records, it’s right next door and directly across the street from two other properties he owns.
This is not Mr. Musk’s first, second or third Bel Air property. It’s his sixth! And they’re all located on the same hillside. Take a gander at the Google Maps screen grab and the prices he’s paid for all six.
- $17,000,000 in 2012
- $6,750,000 in 2013
- $4,300,000 in 2015
- $20,000,000 in 2015
- $24,250,000 in 2016
- $6,400,000 in 2019
Altogether, Mr. Musk has spent nearly $80 million on 90077 real estate in less than seven years.
House #1 (above) is Mr. Musk’s longtime main residence. It’s also (easily) the largest home of the six, with more than 20,000-square-feet of interior living space.
House #2 was purchased for use as a Musk-founded private school — it’s where private teachers tutor his five young sons. House #4 is believed to be occupied by his second (and third) ex-wife, actress Talulah Riley — to whom he was married from 2010-2012 and again from 2013-2016.
As for homes #3, #5 and the just-acquired #6, we’re not sure why Mr. Musk needs or wants those. But we wonder if the unfinished #5 — it’s a very large contemporary mansion (above) — might’ve been acquired for his stylish mother Maye Musk, a famous model and dietician. We shall see.
In addition to those six Bel Air estates, Mr. Musk’s also got a seventh multi-million dollar LA pad — this one a cozy contemporary located in the hills above Brentwood’s Mandeville Canyon neighborhood. Records show that Mr. Musk paid $3,695,000 for the premises in 2014.
This property was reportedly purchased for Talulah Riley following one of her (temporary) separations from Mr. Musk. Upon their 2015 reconciliation, however, Ms. Riley moved back to Bel Air. And unfortunately, Yolanda has no clue who currently occupies the Brentwood home.