Furniture mogul Gary Friedman get $24 million for half-built mansion in Beverly Crest

In an off-market deal, RH chief executive Gary Friedman has sold an unfinished home in the hills of Beverly Crest for $24 million.

The house was originally built in 2013 by Marmol Radziner, an L.A.-based architecture firm known for its contemporary designs and restoration work, including the 2007 restoration of Richard Neutra’s Kaufmann Desert House in Palm Springs.

The mansion spans four stories and takes in views from Downtown L.A. to the ocean. Its sleek, sharp exterior is still intact, but the living spaces have been hollowed out and boarded up. It was being marketed as either a tear-down or renovation project. Friedman serves as CEO and chairman of RH, which was previously known as Restoration Hardware. The California-based company had $3.76 billion in revenue last year, and Forbes puts Friedman’s net worth at $2.2 billion.

Weston Littlefield and Alex Howe of the Aaron Kirman Group at Compass held the listing. Littlefield also represented the buyer.

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