Elon Musk's Former LA Home Sees $3.5M Price Drop Before Foreclosure Auction

Reported 1 day ago

Elon Musk's former Los Angeles residence, a historic home previously owned by Gene Wilder, is facing foreclosure and has been reduced from $12.95 million to $9.5 million ahead of an auction scheduled for December 3. The current owners, who purchased the property from Musk, have fallen behind on payments despite the home being listed for sale. There are stipulations to maintain the home's historic character, and it's emphasized that it should not be demolished.

Source: YAHOO

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