Artist Ed Ruscha adds Trousdale Estates pad to his substantial real estate portfolio

Artist owns nearly a dozen properties in Southern California

TRD LOS ANGELES /
Jul.July 23, 2019 05:00 PM
Ed Ruscha and his new home in the Trousdale Estates
Ed Ruscha and his new home in the Trousdale Estates

One of Ed Ruscha’s greatest works of art might be his real estate portfolio.

Many of the artist’s paintings, drawings and books are inspired by or focused on Los Angeles, and his property deals are too. The Culver City-based pop artist — whose works have commanded prices as high as $30.4 million — owns eleven properties in Southern California now that he and his wife Danica purchased a home in Beverly Hills. Variety reported the deal was for $8.4 million, after the property was first listed for just under $9 million in May.

Located on Burk Place in the Trousdale Estates, the property last sold 50 years ago for $65,000. The home includes 3,443 square feet with three beds and three-and-a-half bathrooms. It was built for law professor Jesse Dukeminier and psychiatrist Dr. David Sanders, who lived there until he passed away last year.

Ruscha owns another home in the Trousdale Estates that he purchased for $3.6 million in 2002, a property near Marina Del Rey, and two lots in Morongo Valley. He also owns two properties in Malibu in the celebrity-filled Point Dume, and a third was deeded to their son. In total, his trust is listed as the owner of 11 properties in the L.A. area, according to county records.

They previously owned a bungalow in Los Feliz that was also deeded to their son, an artist studio in Culver City, and several hundred acres of vacant land in the Mojave Desert. Records show Ruscha also previously owned seven properties in Culver City, as well as parcels in Silver Lake, Venice, Hollywood, and another place in Point Dume that sold for $4 million in 2010. [Variety]Gregory Cornfield


Related Articles

arrow_forward_ios
Four homes have been bought for a combined $400 million recently in L.A. (Credit: iStock, Wikipedia, and Westside Estate Agency)

The $100M club: LA’s priciest mansions are having a moment

Hadid and the home (Credit: Getty Images)

Hadid: I must continue building Bel Air mansion to satisfy creditors

The Beverly House (Credit: Jade Mills Estates)

Beverly House owner hopes Saudi prince is his white knight

Robert Shapiro and the property at 1357 Laurel Way (Credit: Zillow)

Beverly Hills mansion tied to Ponzi schemer sells for $18M

Mohamed Hadid says he can’t pay to tear down his mansion (Credit: Getty Images, iStock)

Hadid says he’s too broke to tear down megamansion

Oprah Winfrey and Jeff Bridges with the home (Credit: Getty Images and Realtor.com)

Oprah has now spent $86M on her Montecito real estate empire

Masrour and Mansour Barzani and the two Beverly Hills properties

Beverly Hills mansion buys linked to powerful Kurdish family

Jonas Brothers set real estate records in Encino

Jonas Brothers set real estate records in Encino

arrow_forward_ios
Loading...