In 1928, Bel-Air founder built this LA mansion; bought for $5.5m in 2010, now listed at $32.5m

The Spanish-style home was bought by Michael Wexler for $5.5 million in 2010 and has since undergone a yearslong restoration. A nearly 100-year-old mansion in Los Angeles, built in 1928 for Alphonzo Bell, the oil businessman who helped create Bel-Air, is now on the market for $32.5 million. The Spanish-style home was bought by Michael Wexler for $5.5 million in 2010 and has since undergone a yearslong restoration.According to Mansion Global, Bell commissioned the house after moving from the oil business into real estate development. He helped create the Bel-Air neighbourhood and Bel-Air Country Club. Architect and planner Mark Daniels, who worked on the master plan for Bel-Air, designed the mansion.The property later became home to other notable residents, including Queen Noor of Jordan and film producer Steven Reuther. Reuther, who executive produced films including “Dirty Dancing” and “Face/Off”, added a theatre and editing suite to the property.Wexler, the founder and CEO of Maple Leaf Capital, bought the home in July 2010 while relocating to Los Angeles. He said he was attracted to its history and the character of the property. “At almost 100 years old, there’s a lot of palpabl...