Christine Blau 
Condominium real estate mogul Avi Mayer has some massive footwear to fill, and lots of new closets to put them in, at the Bob Hope estate in Toluca Lake he acquired for $26 million.
Mayer acquired the 5-acre estate produced well known by the London-born comedian and his wife, Dolores, at 10346 Moorpark Avenue, Dirt.com claimed. The property was 1st shown for $29 million.
The vendor was Billionaire trader Ron Burkle, who restored the 15,000-square-foot compound – and saved it from demolition. He acquired it from a Hope have confidence in in 2018 for $15 million. Two yrs earlier, he paid out $13 million for the Hopes’ John Lautner-created dwelling in Palm Springs and restored that, far too.
The Mayer acquire ranks among the most costly property purchases in the San Fernando Valley, at the rear of the sale of a 22,000-sq.-foot spec house in Calabasas in 2021 for $30 million.
Mayer, 35, founded Afton Homes, which owns and manages a $1.2 billion portfolio of condominium buildings throughout Southern California. He’d long gone into small business as a teen by way of an unlikely friendship with billionaire investor Charlie Munger, according to Bloomberg.
Hope’s 10-bed room, 15-toilet residence in Toluca Lake is wherever the comedian, actor and dancer recognized for his equipment-gun quips, alongside with his singer wife, crafted a legacy in the southeast Valley.
5 yrs just after Bob and Delores Hope married, they planted a stake in 1939 in Toluca Lake, then a rustic suburb for these stars as Bing Crosby, Frank Sinatra, W.C. Fields and Greta Garbo.
Around the decades, the Hopes obtained a lot more and more of the bordering land. Nowadays, the 5-acre house is amid the most significant one-property attributes in Los Angeles.
The Hope property was intended in 1939 in an English classic model by architect Richard Finkelhor, who also built houses for Barbara Stanwyck and Zeppo and Harpo Marx. All around 1960, the few tapped architect John Elgin Woolf, father of the Hollywood Regency design, to redesign the household.
Bob Hope would generate his golfing cart by way of the community to the Lakeside Golf Club, wherever he’d maintain courtroom with stars of the Toluca Lake colony. His spouse Dolores would head down for day-to-day Mass at St. Charles Borromeo Church.
Throughout the many years, their handle grew to become renowned as a trick-or-treat place on Halloween, wherever the couple would hand out comprehensive-measurement sweet bars, silver dollars and even Frisbees stamped with the face of the funnyman.
Bob Hope, a true estate investor who amassed 10,000 acres in the Valley throughout his life span, died in 2003. His spouse Dolores died at age 102 in 2011.
Their former estate has a main household with six bedrooms and walls of glass that looks out to the gardens. An open up residing space with a stone-clad fire qualified prospects to a formal eating space.
Highlights of the Hope Residence consist of a household space that leads into a gourmand kitchen area, breakfast nook, catering kitchen, library, match space and moist bar, movie theater and fitness center with a steam and infrared sauna.
A winding staircase heads upstairs, the place 6 bedrooms consist of a grasp retreat with seating spot, as nicely as dual dressing regions and baths.
The grounds include a two-bed room condominium earlier mentioned a four-vehicle garage and employees quarters in the courtyard off the main residence. A further restored building is made up of a tennis pavilion, business kitchen area, security business office, meeting place and Hope’s personalized business office.
The house, surrounded by towering trees, is made up of a saltwater pool, outside barbecue kitchen and a single-hole golf training course developed by Hope himself.
— Dana Bartholomew
