Home of late PR veteran Carl Terzian gets $1M price chop

Holmby Hills estate relists for $11.9M

Mar.March 15, 2017 03:50 PM

The Holmby Hills home belonging to the late PR pioneer Carl Terzian received a price drop this week of $1 million. It was listed this week for $11.9 million, a drop from its original asking price last month of $12.9 million.

The 5,962-square-foot home has five bedrooms and six bathrooms. The kitchen features a hand-painted marble backsplash with a sink imported from France and a wet bar in the family room.

The 1953 estate on North Mapleton Drive first listed in December. Terzian purchased the property in 1994 for an undisclosed amount, according to property records.

Terzian was the founder of Westwood public relations firm Carl Terzian Associates, which worked with more than 5,000 companies and nonprofit organizations. The firm was also known for its high-profile networking events.

Terzian passed away at 80 last March and the firm closed its doors shortly after.

Antony Arkel of Rodeo Realty has the listing.

Related Articles

Gala Asher’s latest spec home to hit the market (Credit: Redfin)

Gala Asher lists “Modern Fortress” in Holmby Hills for $55M

The home on South Mapleton in Holmby Hills

Spelling Manor just sold, but this Holmby Hills estate is back on the market

Actor Vincent Price and the mansion

Oh, the horror: Vincent Price’s former Holmby Hills manse hits market

Malibu Real Estate Investments principals Bedros Oruncakiel and Kirkor Suri

Malibu spec mansion lists amid softening luxury market

Chandler Parsons and his property on Stone Canyon Road (Credit: Getty Images)

Durant wants out of Malibu, and now Chandler Parsons is listing his Bel Air mansion

CoreLogic's Andrew LePage and Orange County (Credit: Wikipedia)

SoCal housing market shows signs of life, with a caveat: report

Bridge Housing CEO Cynthia Parker and a rendering of the view from Walnut and Anaheim (Credit: SVA Architects)

Fully affordable complex set to rise in vacant Long Beach lot

Tracy Tutor and her Brentwood home

Tracy Tutor of “Million Dollar Listing ” asking a lot more for Brentwood home