Quantcast

The Real Deal Los Angeles

Beverly Hills estate once owned by Barry Bonds seeks $33M

The property traded for $27M less than two years ago
By Natalie Hoberman | August 29, 2018 11:50AM

Barry Bonds and the home

UPDATED, August 30, 1:10 p.m.: A seller in the Beverly Hills Post Office is aiming for a quick home run on a palatial estate.

The former home of baseball player Barry Bonds, a San Francisco Giant, is now on the market for $33 million, The Real Deal has learned. That’s $11 million more than Bonds paid for the home four years ago, and nearly $7 million more than it traded for about 20 months ago.

Spanning 17,000 square feet, the European Villa-style estate includes seven bedrooms and 13 bedrooms. Amenities include an elevator, a 12-seat movie theater and a gym with dry sauna.

It’s also clad in ornate furnishings like hand-painted murals, stone floors and Onyx countertops, according to listing materials. A swimming pool, cabana and landscaped lawns complete the outside.

The sellers, married couple Yongbin Luo and Ruixue Huang, purchased the home from Bonds in December 2016 for $26.5 million, property records show.

Luo founded OneWorld Star International, a global apparel company based in Chatsworth. He sold his firm for $280 million just two months before purchasing the Beverly Park Mansion, according to several news reports.

Nancy Chan of Berkshire Hathaway HomeServices California Properties is sharing the listing with Tomer Fridman from Compass.

The Los Angeles Times first reported the news of the $33 million listing.

Bonds retired in 2007 after 22 seasons in Major League Baseball, where he played for the Giants and Pittsburgh Pirates. The seven-time MVP admitted to using steroids in 2011 during a trial in which he was convicted of obstructing justice. A judge declared a mistrial on three felony perjury charges.