Fender chief Andy Mooney tunes into the market with a $13.5-million offering

Fender CEO Andy Mooney is asking $13.5 million for his double-parcel compound overlooking the city just above the Sunset Strip in Hollywood Hills.

Continue readingFender chief Andy Mooney tunes into the market with a $13.5-million offering

After two decades in Hollywood Hills, Andy Mooney is ready for a change of scenery. The CEO of Fender — the guitar and amp manufacturer founded in Fullerton in the 1940s — just listed his estate above the Sunset Strip for $13.5 million.

Perched on a promontory lot, the property combines two parcels for a total of nearly an acre. Buyers have two options: Keep the existing house, a humble 4,700-square-foot traditional, or raze it and erect a mansion of up to 14,565 square feet.

The location is the story here, as the scenic setting takes in views stretching from downtown L.A. to the Pacific Ocean. The house itself wraps around an elegant courtyard, and the compound also holds a guesthouse and swimming pool surrounded by landscaping and vegetable gardens.

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Built in the ’50s but updated since, the house holds four bedrooms, 5.5 bathrooms and a handful of sunny, open-concept living spaces. Black accents break up the whitewashed interior, bringing contrast to the windows, doors and checkered-tile floors in the primary suite bathroom.

The most impressive space is the formal living room with a fireplace, which sits under vaulted beamed ceilings and opens to a second-story deck overlooking the city. Other highlights include a gym and indoor-outdoor lounge lined with built-in cabinetry.

James Harris of the Agency and Josh Flagg of Rodeo Realty Beverly Hills hold the listing.

Mooney joined Fender Musical Instruments Corp. as CEO in 2015. Before that, he held executive roles at Quiksilver and the Walt Disney Co., where he created the Disney Princess media franchise as chairman of Disney Consumer Products.


Source: latimes.com