The sprawling property in L.A.’s Holmby Hills neighborhood has been snapped up by a businessman and boasts a theater, elevator, gym and a wine cellar.
The house was recently listed for $23.9 million and the seller was Hubert Guez, the chief executive of designer clothing label Ed Hardy, according to The Los Angeles Times.
The late king of pop was leasing the house for a reported $100,000 a month while he was living there in 2009 and before he moved in, it had been listed for as much as a whopping $38.5 million.
Featuring 13 bathrooms, a pool and a stunning guest house, the French Chateau style mansion sits on 1.2 acres.
The buyer of MJ’s final abode is believed to be Steven Mayer, a senior managing director for a leading private investment firm, reports The Times.