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Tom Gores

Chart-topping developer snaps up Holmby Hills estate for $12 million

Chart-topping developer snaps up Holmby Hills estate for $12 million

Gala Asher has found his next project.

The Los Angeles-based developer, who last year sold an estate in Holmby Hills for a record $100 million, has bought another home in the area for $11.999 million.

The boomerang-shaped mid-century house, built in the 1950s, has five bedrooms, five fireplaces and 6.5 bathrooms in nearly 6,000 square feet of interior space. Common rooms include formal living and dining rooms, a family room with a wet bar and an office den. The kitchen, complete with honed limestone countertops and farmhouse sinks, has a west-facing view of the yard.

Lush landscaping surrounds the swimming pool and pool house in the...

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