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Home of late philanthropists Kenneth and Elaine Leventhal lists in Bel-Air

The Leventhal residence, the longtime Bel-Air home of late philanthropists Kenneth and Elaine Leventhal, is for sale at $13.95 million.
(Jeff Elson)

The Leventhal residence, a lower Bel-Air home named for longtime residents Kenneth and Elaine Leventhal, has come on the market for the first time in more than half a century.

Listed for $13.95 million, the stately 1930 Colonial Revival sits on an acre of park-like grounds filled with formal gardens, ornamental statues and fountains, a swimming pool and a pool house. A tunnel runs between the main house and the pool area.

More than 10,000 square feet of interior space retains the elegance of a bygone era. Scaled formal areas include a living room with fireplace, a glass-walled sunroom with a wet bar and a library/den. Medallioned ceilings and delicate wall treatments draw the eye in the dining room.

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In all, there are nine bedrooms, 11 bathrooms and two offices. There’s also an elevator.

Sally Forster Jones and Melanie Lewis of John Aaroe Group hold the listing.

Kenneth Leventhal, who died in 2012 at 90, was an accounting pioneer, who oversaw some of the largest real estate transactions in the country. Among his clients were real estate developers Ray Watt, Edward DeBartolo and Donald Trump.

Elaine Otter Leventhal, a dedicated philanthropist and volunteer, died last year at 97. She and her husband started Kenneth Leventhal & Co. from scratch in the spare bedroom of their Los Angeles apartment in 1949. The company would later merge with Ernst & Young in 1995 to become one of the largest accounting firms in the U.S.

Over the years, the couple led a fundraising drive that raised more than $2.85 billion for USC. The university’s school of accounting was renamed in their honor in 1996.

neal.leitereg@latimes.com

Twitter: @NJLeitereg

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