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    Marilyn Monroe’s Iconic L.A. Home Was Bought by the Billionaire Heiress Next Door

    Earlier this month, news of the pending demolition of Marilyn Monroe’s famed Los Angeles home went viral. Since then, onlookers have wondered who would pay more than $3,000 per square foot — already a very high price for the neighborhood — only to tear down the local landmark.

    The property quietly changed hands in August, when it sold to a mysterious trust (“Glory of the Snow 1031 Trust”) that paid about $8.4 million, in cash, for the place. The trust’s trustee is Andrew Schure, a Philadelphia-based businessman.

    Many speculated that the new owner was a greedy developer, or a high-flying tycoon looking to build a custom dream home on the half-acre lot. But the real story is a little more complex.

    This week, the L.A. tour bus service Esotouric uncovered a very big clue to the owner’s identity. Recent photos reveal the wall and hedge between Monroe’s home and the much larger house immediately next door have been removed, an indicator that the two properties are being linked together to create one large compound.

    The house next door is owned by a notably wealthy heiress named Brinah Milstein, who is married to Roy Bank — a former reality television producer and Philadelphia native. Milstein acquired her current Brentwood home, a 2006-built mansion that spans some 6,000 square feet of living space, in 2016 for about $8.2 million.

    The acquisition of Monroe’s house gives Milstein more than 1-acre of prime Brentwood land.

    Google Earth

    Milstein, 42, is a daughter of the late Carl Milstein, a powerful businessman who was one of Cleveland’s most prominent real estate developers. In the 1970s, he served prison time for bribing a federal housing official; he also founded Associated Estates (AEC), which became one of the largest owners and managers of apartment buildings in Ohio.

    In 2015, AEC was sold for $2.5 billion. Today, some of Brinah Milstein’s siblings are executives at Milstein Asset Management, a single family office with a portfolio of assets and investments worth “billions of dollars.”

    In addition to her two-property, $16.6 million Brentwood compound, records indicate Milstein recently bought an oceanfront vacation home in Newport Beach, Calif., paying $8.2 million.

    Milstein’s $8.2 million vacation home in Newport Beach.

    Google Earth

    It’s still unclear what Milstein and Bank plan to do with the Monroe property once the house is torn down, though it seems destined to became one piece of a larger estate. Clearly, the vacant lot would have more than enough space to accommodate a full-size tennis court, a guesthouse, gardens or garages for additional parking.

    But for folks upset by Milstein’s plans, all hope is not yet lost. Last week, the L.A. city council unanimously voted to consider the house for historic preservation, prompting the building department to revoke Milstein’s demolition permit. Beyond that, immediate neighbors of the Monroe house have told Robb Report that they’ve spoken directly to Milstein, who they claim has already changed her mind about tearing down the iconic home.

    Neighbors say Milstein may have changed her mind about tearing down Monroe’s hacienda.

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    Some vocal critics have derided all the hullabaloo about Milstein’s demolition plans. They point out that the Monroe house is just another Spanish-style hacienda, one of thousands in L.A., and that it has been remodeled multiple times since Monroe’s death, leaving the 2,600-square-foot structure an imperfect blend of 1920s throwback and 2000s modernity. Why does it matter that one of Hollywood’s most famous stars lived and died there decades ago, they say.

    But “imperfection is beauty,” Monroe once noted. So maybe her little slice of Brentwood imperfection will stick around to see another year.

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    Marilyn Monroe’s Famed L.A. Home Is Being Torn Down

    It’s another sad day for fans of historic architecture and Old Hollywood lore alike. As first reported by the New York Post, the house located at 12305 Fifth Helena Drive in L.A.’s Brentwood neighborhood, a 1920s Spanish hacienda-style structure, may soon be demolished by its new owner.

    Despite its modest scale and unpretentious nature, the 2,600-square-foot bungalow gained worldwide fame in 1962 as the location of Marilyn Monroe’s sudden death. The walled and gated property was also the only house ever owned by the legendary actress, and in the six decades since the half-acre estate has become one of the city’s most famous local landmarks. Blogger Lindsay Blake previously published an in-depth post filled with numerous fascinating tidbits about the property, including how Monroe placed a plaque above the front door which read “Cursom Perificio” in Latin. Translation: “My Journey Ends Here.”

    Monroe’s Brentwood house is a sprawling single-story hacienda.

    Getty Images

    While the home’s exterior architecture remains incredibly alike how it appeared in 1962, the interiors have been significantly altered. Most notably, the kitchen and bathrooms have been modernized, and the estate’s formerly detached guest casita has been merged into the main house. Still, numerous original features — casement windows, terracotta tile floors, wood-beamed ceilings — happily hark back to Golden Age times.

    Out back, a brick patio spills out to a notably large swimming pool; beyond that, a grassy lawn is surrounded by mature trees, tall hedges and a citrus orchard. Out front, bountiful bunches of bougainvillea arch their way across the home’s façade, and there’s a two-car garage.

    The half-acre property sits just a quick jog south of Sunset Boulevard.

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    Teardowns have become increasingly commonplace in the area surrounding Monroe’s former home, as soaring property values and record-breaking sales entice developers to build ever bigger and fancier. That this particular property survived intact is a testament to the hacienda’s enduring charm, and to Monroe’s legendary status, of course.

    Back in 2014, Emerald Lake hedge fund manager Dan Lukas and his wife Anne Jarmain paid $7.3 million for the Monroe estate, and have lived at the property in the years since. Six months ago, however, the couple paid $13 million for a larger home in the same neighborhood.

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    Last month, Lukas and Jarmain quietly sold the Monroe house to a buyer who has not yet been publicly identified. That person paid nearly $8.4 million for the property, in cash, and almost immediately applied for a demolition permit. The L.A. Department of Building and Safety recently approved the request for a “plan check” of the proposed work, though an official permit has not yet been issued.

    But if similar situations in the recent past are any indicator of this property’s future, it seems likely that the Monroe hacienda will soon be added to a long list of historical real estate treasures that continue to be lost. More