Real estate agents taking a close look at Trump Organization's sale of Beverly Hills mansion to Indonesian business partner

Donald Trump.
(Image credit: Mandel Ngan/AFP/Getty Images)

Luxury real estate agents in Beverly Hills are side-eyeing the recent sale of President Trump's 5,400-square-foot mansion for $13.5 million.

Trump bought the house on Canon Drive for $7 million in 2007, Los Angeles County land records show, and in 2018, the county assessed the property at $8.3 million. It was never listed for sale publicly, The Washington Post reports, and the price "seems a little rich, to be perfectly frank," Luis Pezzini, CEO of Pezzini Luxury Homes, told the Post. "Unless there's something spectacular about this [house] that I'm missing." Pezzini said he's selling a house close to Trump's, but it's bigger, on a larger lot, and has a tennis court, and he expects to get just under $13.5 million.

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Catherine Garcia, The Week US

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.