The Aporia · Muhammad Ali’s 1915 Los Angeles mansion was bought for $2.5 million in 2001

Muhammad Ali’s former home in Los Angeles, a 1915 Italian Renaissance mansion in the Fremont Place community, sold for $8.5 million in July 2024 after being on the market since late 2022. The property was originally purchased by Michael R. Kaplan and his wife Tari in 2001 for about $2.5 million, and they spent years restoring it while preserving its historical features like Tiffany stained-glass windows and French Empire crystal chandeliers. Despite initial listing at nearly $17 million in late 2022, the price was eventually reduced significantly before the sale to a buyer who agreed on the final auction price.

Written by AI on 2026-09-21, from this article's own text only (the story summary below draws on all the coverage).

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The former Los Angeles home of three-time world heavyweight boxing champion Muhammad Ali, a 1915 Italian Renaissance mansion in the gated Fremont Place community, sold for $8.5 million (£6.7 million) in July 2024. The property, designed by architect John C. Austin who also built Los Angeles City Hall and the Griffith Observatory, was originally listed at nearly $17 million in late 2022 but underwent several price reductions before being put up for auction with no minimum bid through Concierge Auctions due to a lack of interest. Ali lived there from the late 1970s to the early 1980s with his third wife Veronica and their daughters Laila and Hana, hosting numerous celebrities and dignitaries during that period. The 11,545-square-foot estate sits on approximately 1.6 acres, featuring nine bedrooms, seven bathrooms in the main house, a separate guesthouse, heated swimming pool, spa, landscaped lawns, stone paths, and more.

Written for “Muhammad Ali's Mansion Sale” on 2026-11-03, grounded in this article and the 0 other(s) covering the same event.

📰 Muhammad Ali's Mansion Sale

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The former Los Angeles home of three-time world heavyweight boxing champion Muhammad Ali, a 1915 Italian Renaissance mansion in the gated Fremont Place community, sold for $8.5 million (£6.7 million) in July 2024.

framing: assertive · carried by 1 article(s) · first seen 2026-09-21

🔮 When no buyer agreed to that price, the owners decided to put the property up for auction with no minimum price in May 2024 through Concierge Auctions.

2026-09-21 · Times of India

Muhammad Ali’s 1915 Los Angeles mansion was bought for $2.5 million in 2001 · assertive framing

home → gate → July

The sale ended a long period on the market for the historic property. asserted

sale → end → property

The house was first listed for almost $17 million ($16.995 million) in late 2022 before going through several price cuts and eventually being offered at auction. asserted

house → list → auction

Located at 55 Fremont Place near Hancock Park, the 11,545-square-foot estate sits on about 1.6 acres. asserted

estate → locate → acres

Architect John C. Austin, who also designed Los Angeles City Hall and the Griffith Observatory, designed the home, which was built in 1915. asserted

which → design → 1915

Ali lived in the mansion during the late 1970s and 1980s with his third wife, Veronica, and their daughters, Laila and Hana. asserted

Ali → live → wife

During his time there, the house welcomed many well-known guests, including world leaders, entertainers and sports stars. asserted

house → welcome → leaders

The estate has nine bedrooms and seven bathrooms in the main house. asserted

estate → have → house

A separate guest house adds another bedroom and full bathroom. asserted

house → add → bedroom

The grounds also include a heated swimming pool, spa, landscaped lawns, stone paths and a large outdoor patio for entertaining. asserted

grounds → include → entertaining

Historic architecture and interior features Developer Michael R. Kaplan and his wife, Tari, bought the property in 2001 for about $2.5 million. asserted

Kaplan → buy → million

They spent several years restoring the home, updating its modern systems while keeping many of its original architectural details. asserted

They → spend → details

The preserved features include original Tiffany stained-glass windows, French Empire crystal chandeliers and carved wooden wall panels. asserted

features → preserve → windows

The house also has marble and hardwood floors, several fireplaces, hand-carved mouldings and large bay windows. asserted

house → have → floors

According to real estate listing records published by Zillow and Redfin, the mansion includes a glass-domed sunroom, a formal dining room with historic light fixtures, a main bedroom with two dressing rooms, a media room and a full cellar. uncertain

mansion → accord → rooms

After the renovations were completed, the owners first listed the property for $16 million in August 2021. asserted

owners → complete → August

The listing was later withdrawn and returned to the market in November 2022 with a higher asking price of $16.995 million. asserted

listing → withdraw → million

, the price was lowered to $15 million in early 2023. asserted

price → lower → 2023

When no buyer agreed to that price, the owners decided to put the property up for auction with no minimum price in May 2024 through Concierge Auctions. uncertain

owners → agree → Auctions

Property records maintained by Zillow show that the sale officially closed on July 18, 2024, for $8.5 million. asserted

sale → maintain → million

Fremont Place is one of Los Angeles' oldest private gated communities. asserted

Place → gate → communities

It was established in 1911 in the Mid-Wilshire area near Hancock Park. asserted

It → establish → Park

The neighborhood has 73 single-family homes, many designed by well-known 20th-century architects. asserted

many → have → architects

Redfin property records show that homes in the area continue to command high prices, with 55 Fremont Place among the community's largest properties. asserted

Place → show → properties

The July 2024 sale transferred ownership of the historic mansion for the first time in 23 years, bringing a new chapter to one of Hancock Park's best-known historic homes. asserted

sale → transfer → homes

Muhammad Ali’s 1915 Los Angeles mansion was bought for $2.5 million in 2001

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