Restored Los Angeles mansion lists for $32.5 million after decade-long renovation

The 10,600-square-foot property was purchased in 2010 for $5.5 million by Michael Wexler, who undertook a comprehensive restoration of the historic residence over the following years. The renovation has brought the early 20th-century mansion to contemporary standards while preserving its architectural heritage.

The restored estate now features seven bedrooms and a range of luxury amenities befitting its elevated price point. Among its facilities are a private theatre, swimming pool, and wine cellar designed to cater to discerning owners. The property sits on grounds that have been landscaped with 26 newly planted redwood sequoias, adding to its distinctive character.

Alphonzo Bell, the original builder, was a prominent oil businessman whose entrepreneurial ventures extended to real estate development. His role in establishing the Bel-Air community in Los Angeles cemented his legacy in the region's property development history. The mansion represents a significant example of 1920s residential architecture in one of Southern California's most prestigious neighbourhoods.

The listing comes amid continued demand for restored heritage properties in Los Angeles, where buyers seek a combination of historical significance and modern amenities. The substantial appreciation from its 2010 purchase price reflects both the quality of the restoration work and the enduring appeal of established residential areas in the Los Angeles basin.