Investor buys Jackie Collins’ and Al Pacino’s homes for combined $30M
Real estate investor Ben Nehmadi has nabbed two Beverly Hills properties for the price of one. The two adjacent homes, which traded for a combined $30 million, were home to Jackie Collins and Al Pacino.
Collins’ estate had listed the 20,000-square-foot main mansion for $30 million in February, but it was later reduced to $24.5 million.
The second property, a 5,200-square-foot, six-bedroom house, was never listed for sale. Pacino has been its occupant for about a decade.
The real estate mogul, who heads Republic Investment Company, is a long-term resident of Beverly Hills but wanted a larger home. Nehmadi and his family plan on residing in Collins’ larger home and may use Pacino’s current home as a guest house.