The billionaire entrepreneur behind the popular Bratz and L.O.L. Surprise! dolls has purchased a $18.5 million mansion – which is conveniently located just across the street from his current house in Los Angeles.
Isaac Larian, 66, purchased the 7,941 square feet French Normandy-style home designed by famed architect Gordon B. Kaufmann in the exclusive Holmby Hills neighborhood of LA.
The two-story, single-family home has 6 bedrooms and 7 bathrooms and sits on 1.22 acres.
And Larian won’t have to worry about getting to know his new neighbors.
The home is located directly across the street from Larian’s longtime home, an 11,000-square-foot mansion he and his wife Angela custom-built in the mid-1990s, according to real estate news site Dirt.
Larian did not have to look far for his new home. The CEO purchased the Carlwood Drive estate just up the street from his current home
The Billionaire entrepreneur behind the popular Bratz and L.O.L. Surprise! dolls recently purchased this French Normandy- style home
It’s not known if Larian plans to sell his former home across the street (pictured) or keep them both
The backyard is a highlight of the home and features shrubberies that resemble a maze
The fenced and gated property, which was last updated in 1942, is a spacious 8,000 square-feet with plenty of room for entertaining guest
Property features include motor court parking, a two-room Art studio and a guest house with wet bar and bath
Issac Larian, 66, is the mastermind behind the wildly successful and popular L.O.L. Surprise! dolls
According to the listing on Realtor, the home is a rare opportunity to purchase in the exclusive neighborhood – even with its $18.5 million price tag.
The house was sold in its present ‘as is’ condition by Drew Mandile at Sothebys International Realty.
Built in 1925, the property was designed by Gordon Kaufmann, an English-born American architect who worked on the Hoover Dam and the Hollywood Palladium.
At nearly 8,000 square-feet, the fenced and gated property, which was last updated in 1942, has plenty of room for entertaining guests.
The property features motor court parking, a two-room Art studio and a guest house with wet bar and bath.
Visitors are welcomed by a pair of stone Chinese guardian lion statues at the door.
The backyard is a highlight of the home, and features rows of shrubberies that resemble a maze as well as a swimming pool.
The property’s future owner is the well-known founder and CEO of MGA Entertainment – the largest private toy company in the world.
It’s not know if Larian plans to sell his former home across the street, or keep them both.
The newly-purchased $18.5 million is conveniently located down the street from his current home
The home is directly across from Larian’s longtime home, an 11,000-square-foot mansion he and his wife Angela custom-built in the mid-1990s
The 6 bedroom, 7 bathroom house was sold in its present ‘as is’ condition for a whopping $18.5 million
Like most plush properties in Los Angeles, it comes with its own swimming pool
The $18.5 million French Normandy- style home was designed by world famous architect Gordon B. Kaufmann
Larian, a self-made billionaire, comes from humble beginnings.
Born in Iran before moving to the U.S. in the early 1970’s, he reportedly came to the states with just $750 in his pocket.
According to the Cal State alumni page, Larian worked his way through college, attending California State University in Los Angeles and earning a degree in civil engineering.
Larian is the man behind some of the most popular toys of the last decade, including the hip Bratz dolls – the modern alternative to ‘Barbies’.
Most recently, Larian saw huge success with the incredibly popular L.O.L. Surprise! dolls – tiny baby dolls that come wrapped in toy balls that contain stickers and accessories to spruce up the dolls.
According to the New York Times, in 2018 Larian’s company made more than $4 billion from L.O.L. Surprise! doll retail sales.
The home was built in 1925 and designed by Gordon Kaufmann, English-born American architect mostly known for his work on the Hoover Dam
Larian has seen huge success with the incredibly popular L.O.L. Surprise! dolls- tiny baby dolls that come wrapped in toy balls that contain stickers and accessories to spruce up the dolls
Larian is the man behind some of the most popular toys of the last decade, including the hip Bratz dolls
Guest are welcomed to the Holmby Hills home by a pair of stone Chinese guardian lion statues at the door
Isaac Larian, 66, purchased the 7,941 square feet, in the exclusive Holmby Hills, Los Angeles neighborhood
The CEO made headlines in June 2020 following a Twitter rant where he branded influencer Amina Mucciolo a ‘disgrace to black people’ and a ‘liar’ after she accused Larian’s doll company of created a toy in her image without her consent.
Larian apologized for the outburst before deleting his twitter account.
‘The words I used came from frustration because her actions are attacking the products and integrity of people I care deeply about. I was wrong for that.’ he tweeted.