Trump Completes Links Purchase
Donald Trump’s $27-million purchase of Ocean Trails Golf Course in Rancho Palos Verdes closed Tuesday, the real estate mogul said.
Trump may spend as much as $30 million upgrading the course before opening it in the second half of 2003. He said he will announce his plans for the makeover within two weeks.
The New York-based developer said he is torn between making Ocean Trails an exclusive private golf club or a high-end public course. Deed restrictions call for it to be open to the public.
The property also includes land zoned for as many as 75 homes.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
