Billionaire Heiress Madeleine Sackler Picks Up Chic Mediterranean in L.A. for $3M

Published: February 13, 2020 | By: American Luxury Staff

Filmmaker and Purdue Pharma heiress Madeleine Sackler picked up this Spanish eclectic in Los Angeles right before the high holidays.

Sackler dropped $3 million on this unabashed charmer of a home in Los Feliz—which was about $200K over ask.

The house dates to 1939, and it’s a beaut if you appreciate the nook-and-cranny romance of the style. Its exterior architecture is eccentric and complex, with stucco walls, a pleasing variety of window styles, a tile roof, and a third-floor terrace. The entrance is invitingly mysterious, a vine-covered enclosed design with a lantern sconce.

Renovations conducted in the interior living spaces have opened up the house considerably, turning the great room into a soaring, solarium-like space with a towering bay window. Narrow-plank hardwood has been finished in a natural tone, and exposed beams have been given a whitewash.

Surprises abound in the four-bedroom house, with ornamental windows, custom tile work, and a series of period and more contemporary light fixtures popping up as the home meanders along. The exterior living areas include a stone patio and pool, with a wall of folding glass doors that joins the interior dining room with the outdoor space.

The Sackler family fortune is estimated at over $10 billion.

 

5210 February 13, 2020 Real Estate February 13, 2020