Foreign Property News | Posted by Si Thu Aung
The Spanish Colonial-style home in Beverly Hills, designed by acclaimed architect Wallace Neff, was the site of Hughes’s accident in 1946
Los Angeles home designed by acclaimed architect Wallace Neff—and once destroyed by pilot and businessman Howard Hughes—hit the market Monday for $15.95 million.
The Beverly Hills home is one of two where Hughes crashed a plane. This case was in 1946, when his prototype XH-11 Aircraft started leaking oil. The aviator, filmmaker and manufacturer attempted to land on a nearby golf course, but he plowed into the back of the residence instead—an accident that nearly killed him.
“The plane’s right wing sliced through the upstairs bedroom of the home …narrowly missing the occupants…who were in the room at the time,” according to the Los Angeles Times.
These days, the home is owned by Morad “Ben” and Karolin Neman, who purchased the property in 2013 for just under $6.3 million, according to records with PropertyShark.
. Neman was the chief executive officer of Pacific Eurotex Corp, a wholesale textile business in Los Angeles that was involved in a “Black Market Peso Exchange” scheme, according to the U.S. attorney’s office for the Central District of California. He was sentenced to two years in jail in 2018 for laundering money for international drug cartels.
The 6,500-square-foot home has been on and off the market since 2015, when it was listed for just under $10 million, according to listing records. It was relisted the following year for close to $15 million, Mansion Global reported. When the listing was removed in 2017, it was priced at nearly $14 million.
Ref: The California Mansion Howard Hughes Famously Crashed His Plane Into Is Back on the Market for $16 Million