HOUSE OF THE DAY: Hard Rock Cafe Founder Buys Elvis Presley's LA Mansion For $9.8 Million, Plans To Tear It DownIn an ironic twist, the founder of the Hard Rock Cafe — the restaurants dedicated to preserving musician memorabilia — is rumored to be tearing down Elvis Presley's old Beverly Hills mansion to construct a brand new house, according to Curbed LA.
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The home, which has four bedrooms, five bathrooms, and spans 5,367 square feet, was previously on the market this past October for $million and sold to Hard Rock's Peter Morton in December for $9.8 million.
The gated property sits on 1.18 acres of land, with stunning views of Los Angeles from the backyard. Morton is a bit of a real estate buff, with another home in Holmby Hills and a mini-compound on Carbon Beach in Malibu, according to Curbed.
Welcome to Hillcrest Road.
The house was built in 1958.
About $1.836 million worth of improvements went into the home in 2010, according to the Los Angeles County Tax Assessor website.
The listing describes the home as a "French Regency Estate."
Floor-to-ceiling windows everywhere.
The dining area has a huge sky light.
An entire wall of built-in bookshelves anchors the office.
The appliances in the kitchen are all brand-new. Too bad this whole room will disappear.
The master bedroom has direct access to the patio.
It also has a huge, step-down tub.
The pool area has been completely resurfaced.
There's also a guest house on the property.
The home was previously available for rent for $25,000 a month.
The views — which are most likely what attracted Morton to the property — are sparkling.
Peter Morton Beverly Hills Mansion - One the home of Elvis Presley.