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Groucho Marx's Wallace Neff Sells $4 Million Short of Asking

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It took a few chops, but Groucho Marx's old house in the Trousdale Estates has sold and the magic number is $8.8 million. The house, designed by Wallace Neff, was listed in August at $12.9 million, cut to $11.5 million in October, to $10.5 million in December, and had a final chop down to $9.85 million in January before finally selling in last month. The house and the landscaping have both been remodeled since their Groucho days.
· Hot Property: Rebuilt Groucho Marx home sells in Beverly Hills [LAT]
· New to Market: Groucho Marx's Wallace Neff-designed Mansion Hits the Market [Curbed LA]