The Local Knowlege

Business

Shigeki Maruyama's house for sale at a bargain price: $16.5 million (down from $19.8 million)

By John Strege

Here is more proof — not that any was necessary — that we’re in the wrong line of work: Shigeki Maruyama’s house in Los Angeles’ Bel-Air neighborhood is up for sale. Asking price: $16.5 million.

Shigeki's house.jpg

Now, Maruyama, 44, has had a nice career — three PGA Tour victories, 10 Japan Golf Tour wins, $13.8 million in career earnings on PGA Tour, but a $16.5 million, 13,339-square foot house?

Should he get that price (reduced from its original price of $19.8 million), he’ll turn nearly a $9 million profit from the purchase price of $7.6 million (in 2004), according to the Los Angeles Times.

If you’re interested, Kurt Rappaport of the Westside Estate Agency is his realtor and the property, which features views of downtown Los Angeles, the Pacific Ocean and the Stone Canyon Reservoir, can be viewed here.
Around The Web
 
Advertisement