Eli Broad’s beach house sells for $51.65 million — the second-priciest deal this year

Two months after Eli Broad’s death, his Malibu home has sold for $51.65 million. It’s the second-priciest sale to close in Southern California so far this year.
The billionaire, who who made his fortune building homes and then poured his wealth back into Los Angeles, bought the two-parcel property in the late 1990s and commissioned Pritzker Prize-winning architect Richard Meier to build the home shortly after. Meier finished the place in 2002, and the futuristic design recalls some of his other famous works including the Getty Center and the Barcelona Museum of Contemporary Art.

READ THE FULL STORY LATimes.com

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