The Beverly Hills rental Al Pacino has been residing in for the final 15 years has hit the market for a whopping $16 million — and it’s anticipated to be demolished as soon as the proprietor finds a purchaser, The Post can report.
Previously owned by the late romance novelist Jackie Collins, the home was offered to actual property developer Ben Nehmadi in 2016 for $9 million. The house was not on the market initially, and the sale was carried out in an off-market deal.
Collins has been renting the six-bedroom, five-bathroom property to Pacino since 2006.
At the same time, Nehmadi also bought the subsequent home door to the enduring movie star for $21 million — which Collins additionally owned and used as her main residence until her death, at age 77, in 2015 following an extended battle with breast most cancers.
Pacino, 81, continues to reside within the residence six years after her passing, apparently in a negotiated take care of Nehmadi.
Reps for Pacino and Nehmadi didn’t instantly reply to The Post’s request for remark.
While the itemizing stays lively, photographs of the home are scarce. Real property agent Richard Meslan of Hilton and Hyland informed The Post that it’s intentional.
“The house is occupied with a tenant, and he requires privacy,” Meslan mentioned. “Whoever would purchase the property would most likely tear it down and build a new house.”
“The reason someone would want to tear it down and rebuild is that the house is dated (it is in its original condition), and for the amount of land it has, someone would want to build a 10-15,000 square feet house on the property. The current house is 5,200 square feet,” Meslan defined.
Built in 1922, the property was initially listed final summer time for $17 million. However, with none provides, it was briefly taken off the market and returned with a worth discount. Exterior options of the home that Pacino has loved embrace a pool and a tennis court docket.