Former 76ers proprietor Michael Rubin has discovered a brand new place to name dwelling — TMZ Sports activities has confirmed he simply dropped $70 million on an L.A. mansion that sits on land beforehand owned by Ronald Reagan!
The pad is positioned in Hollywood Hills — and it is insane. It options seven bedrooms, 12 bogs and a laundry checklist of facilities.
It is also three tales tall — and it is positioned so completely on a knoll that it overlooks the well-known Sundown Strip in Hollywood.
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Reagan used to personal the property a few years in the past, as did legendary music producer Richard Perry, although it is undergone important remodels over time since.
Our sources say Rubin — who needed a brand new pad in Los Angeles as a result of a whole lot of his Fanatics enterprise is run out of the town — obtained a fairly whole lot on the place … it was initially listed for over $80 million.
Like Rubin, the vendor has some ties to the sports activities world — based on the L.A. Instances, Francesco Aquilini, the chairman of the Vancouver Canucks, was the one who market it.
Westside Property Company’s Kurt Rappaport repped Rubin within the buy.
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Congrats on the brand new place, Michael — housewarming celebration quickly??
