This gated compound in prime Beverly Hills has everything inside its walls from inlaid floors to detailed moldings — and it’s even housed a celebrity renter. Once more, it seeks a deep-pocketed buyer to call it home.
Russian businessman Gennady Moshkovich, who heads Moschanko Investment Group — previously owned this 2-acre estate beginning in 1998. Now, the new owner — who’s had the property since last July — wants to part ways with it for $25.99 million.
Moshkovich, who’s also behind a $4 billion theme park in the works on the outskirts of Moscow, had tried selling this property for some time.
Moshkovich had attempted to sell the 11,360-square-foot residence before 2020’s stateside coronavirus outbreak in a reorganization plan for his Chapter 11 bankruptcy case.
That plan, according to Bloomberg, relied on selling this estate within a short span of time. But when COVID-19 hit American shores, lockdowns put the kibosh on his efforts to market the spread. That prompted Moshkovich to petition a court to suspend his bankruptcy case — a motion that he ultimately withdrew in April 2020.
During his ownership, Moshkovich — who rented the pad to Simon Cowell of “American Idol” in 2014 — had wanted to sell this home for years. He listed the property in November 2016 for $28.8 million and Realtor.com shows listings dating as far back as August 2001, when it asked $9.8 million. The years since have seen rental listings — one, in 2013, asked $70,000 per month — and a smattering of sales listings, with asking prices including $17.9 million in 2014 and $16.9 million in 2012.
Moshkovich immigrated to California in 1978.
The Loma Vista Estate has views of downtown Los Angeles and Century City. The main home has five bedroom suites and nine baths — while a detached guest house has three bedrooms, two baths, plus a kitchen, living and dining room.
Listing images show a motor court accented with a custom fountain and, inside, high ceilings ornamented with decorative moldings, fireplaces, a bar area, floor-to-ceiling windows, a large chef’s kitchen and plenty of space for wine storage.
Outside, there’s an Italian-style pool and spa with water features, as well as a pool house with a dry sauna. Elsewhere outside, there’s even a basketball court.
Adi Perez, of The Agency, has the listing.