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Report: Investment banker buys Simpson's mansion

 The Brentwood estate
The Brentwood estate   

'No house...ever had more notoriety'

November 26, 1997
Web posted at: 7:28 p.m. EST (0028 GMT)

LOS ANGELES (CNN) -- An investment banker has reportedly purchased the 6,200-square-foot mansion formerly owned by O.J. Simpson at slightly less than the $3.95 million asking price.

A spokeswoman for Fred Sands Realtors confirmed that the house in the Brentwood section of Los Angeles has been sold, but declined to give the buyer's name or the price.

But the Los Angeles Times said the buyer was an East Coast investment banker and that the sale is to be completed in the next three weeks. The paper quoted sources as saying the bid was only the second that Hawthorne Savings, a local bank selling the house, had received. The other, which was rejected, was for $3.25 million.

Sands' spokeswoman said she believed the buyer intends to live on the estate.

Simpson purchased the estate for $650,000 in 1977. He was living there in June 1994 when his former wife, Nicole Brown Simpson, and a friend, Ronald Goldman, were stabbed to death outside her house two miles away.

A police detective said he found a bloody glove matching one found at the murder scene in a dark alleyway on Simpson's property next to a room occupied by Simpson's house guest, Kato Kaelin.

'No house ... ever had more notoriety'

Kaelin testified that he heard a loud thud on the night of the murders, as if someone had bumped into an air conditioner that jutted into the alley.

There was also testimony about bloodstains on carpets in the house and in a sink in the master bathroom. Simpson said he was practicing golf strokes in a sand pit on the grounds when the murders occurred.

Simpson was found not guilty of the murders by a criminal court jury but was found responsible for their deaths by a civil court panel this year and ordered to pay $33.5 million to the families of the victims.

Hawthorne Savings foreclosed on Simpson's mortgage this year when he failed to make payments, and then bought it at auction for $2.63 million.

"No house in the history of houses ever had more notoriety," Fred Sands said at the time it was put up for sale. Sands said he did not consider the house "stigmatized" because the grizzly killings occurred elsewhere.

Simpson is now living in a rental property in nearby Pacific Palisades.

Reuters contributed to this report.


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