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Marion Davies

$600,000-a-month lease hits the market in Beverly Hills

$600,000-a-month lease hits the market in Beverly Hills

The current luxury real estate market is redefining “extravagant.” First, a 8,930-square-foot house on nine acres in Northern California found a buyer for a state record-breaking $117 million. Then word came that financier Gary Winnick is quietly asking $225 million for his trophy home on an 8.4-acre knoll in Bel-Air. Now, a Beverly Hills estate is being offered for lease at $600,000 a month, dwarfing the $150,000 a month asked for summer months at Malibu’s finest properties or the $100,000 a month paid by singing legend Michael Jackson for his last residence in Holmby Hills.   In three decades of selling Westside real estate, it is the highest price for a...

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