David and Victoria dismantled their $33M house in LA because they didn’t want it to appear in children’s inheritance, really?

David and Victoria Beckham have sold their longtime Beverly Hills mansion for a little more than $33 million, according to newly filed property records.

The couple, who’ve reportedly been shopping their secluded California mansion around for years, finally sealed the deal last month, records show.

It was sold in an off-market deal, as the home was never publicly listed.

The buyer is listed only as a Delaware limited liability company, though the new owner is likely a person with name recognition.

The law firm representing the buyer, Avenue of the Stars-based Greenberg Glusker Fields Claman and Machtinger, counts myriad clients from the entertainment and music industries on its roster.

The British power couple made a lot more than a pretty penny off the sale.

They sold the airy Mediterranean-style home for nearly $15 million more than they paid 11 years ago, according to property records.

The couple bought the home newly built for $18.2 million through a trust linked to their London-based accountant in 2007—the year Mr. Beckham signed on to play for Major League Soccer club L.A. Galaxy.

The house is tucked behind a row of other mansions facing San Ysidro Drive, which cut it off it from the main road. There’s a pool; a long, narrow driveway; and a ring of towering palm trees that offer additional privacy to the residents, aerial images of the home show.

Since the Beckhams never marketed the home publicly, very little is known about what the family of six has done to the estate in over a decade of ownership.

Assessment records indicate the home spans roughly 11,500 square feet with six bedrooms and 10 bathrooms.

Inside, the house boasts exceptionally tall ceilings and rows of French doors that open onto the grounds, fireplaces and hardwood floors, according to images of the home from 2007.

Mr. Beckham, 43, who retired in 2013, and Ms. Beckham, 44, a former Spice Girl who runs a successful, self-titled fashion label, also own properties in London and in a posh countryside region known as the Cotswolds in the southwest of England.

A publicist for the Beckhams did not immediately return a request for comment.

The Beckhams’ decision to sell their Beverly Hills mansion has certainly caused a stir in the real estate world. With the property fetching over $33 million in an off-market deal, it’s clear that the British power couple made a wise investment over a decade ago. The new owner, shrouded in mystery behind a Delaware limited liability company, is likely someone with a significant presence in the entertainment or music industries given the high-profile clientele of the buyer’s law firm.The Mediterranean-style home, nestled behind a row of other luxurious mansions, offers an impressive 11,500 square feet of living space with six bedrooms and 10 bathrooms. The property features a pool, a long driveway, and a ring of towering palm trees that provide an additional layer of privacy. Despite the lack of public listing, aerial images reveal a stunning residence with exceptionally tall ceilings, French doors, fireplaces, and hardwood floors.While little is known about the enhancements made by the Beckhams to the estate during their ownership, it’s evident that they profited handsomely from the sale, earning nearly $15 million more than the purchase price in 2007. The couple, who also own properties in London and the Cotswolds, have cultivated a real estate portfolio that mirrors their status as global icons in sports and entertainment.As the Beckhams embark on a new chapter, their decision to part ways with their Beverly Hills abode offers a glimpse into their evolving investment strategies and lifestyle choices. The sale serves as a reminder of the couple’s savvy business acumen and their ability to navigate the ever-changing landscape of luxury real estate. Stay tuned for more updates on the latest trends and developments in the world of celebrity real estate.

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Source: New York Post

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