Taking a shot: NBA exec asks $40K a month for Pacific Palisades home

Detroit Pistons vice chairman Arn Tellem leaves his mansion for Motor City

Oct.October 31, 2018 09:00 AM
Arn Tellem and his Pacific Palisades home (Credit: Getty Images)

Two weeks into the NBA season, Detroit Pistons vice chairman Arn Tellem is looking to rent out his Pacific Palisades home.

Tellem is asking $40,000 per month for the 9,000-square-foot home with six bedrooms and eight bathrooms, according to the Los Angeles Times.

The house has pitched roofs and large living areas, along with a sizeable kitchen. It also has an outdoor putting green, large patio area, pool, spa and a gym.

The high asking price is not a layup for renters but it’s also not a half-court Hail Mary. L.A. has seen larger leases for mansions in the past. Earlier this year, entrepreneur Ed Freedman shelled out $120,000 a month for a beachside home in Malibu.  Comedy legend Mel Brooks is asking $135,000 per month for his Malibu home, but it doesn’t appear anyone has taken him up on it.

Tellem joined the Pistons in 2015 after decades as a player agent, representing NBA clients including Lakers legend Kobe Bryant, along with Reggie Miller and Russell Westbrook. [LAT] — Dennis Lynch 

Related Articles

Four of the top residential listings this week

Here are the priciest resi listings in LA County last week

The home on Amalfi Drive, Paul George, and Deandre Jordan (Credit: Getty Images and Realtor)

Paul George dishes $16M for DeAndre Jordan’s former Palisades pad

Sugar Ray Leonard and the Pacific Palisades home (Credit: Getty Images)

Sugar Ray Leonard lists his heavyweight mansion in Pacific Palisades

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