co-founders are listing their stylish 1960s Los Angeles home for $42 million

It was 1987 when husband and wife duo Tom and Ruth Chapman founded MatchesFashion. At the time, however, it was a friendly neighborhood store in the posh London suburb of Wimbledon. Their company, eventually renamed, was one of the first multi-brand luxury retailers to enter the e-commerce space. It paid off – in 2017, the couple sold their business for around $535 million to private investors (Apax Partners), and the brand has grown and evolved ever since.

The sale of their business placed them in the ranks of the wealthiest fashion entrepreneurs. It seems, however, that they are not just business savvy when it comes to fashion. They’ve amassed quite an impressive real estate portfolio, which includes a Los Angeles home at Trousdale Estates. They bought this home on Trousdale Place for $24 million in 2017 and are now selling it for $42 million after a full four-year renovation.

Trousdale Estates is one of Beverly Hills’ most coveted communities, attracting global billionaires and wealthy tech entrepreneurs for its privacy and sleek mega-mansions with incredible views of Los Angeles. This property is no exception. For the renovation, the couple enlisted designer Pamela Shamshiri of Los Angeles-based Studio Shamshiri to completely reimagine the home, which was first built in 1962.

Inspired by a European Riviera retreat, contemporary elements combine with 1960s-style architectural elements. The entire home features high ceilings, natural light streaming in, beautiful materials and craftsmanship. make exquisite.

The 6,230 square foot gated home sits on just under half an acre of land and features five bedrooms, six bathrooms, a formal dining room, office, reception room, living quarters, guests, a media room, a car court and a three-car garage. . There is also an independent pool house which can easily be used as a guest house, as well as a large master suite with its own poolside veranda.

Sliding glass doors in several rooms make outdoor living easy, and the house is exceptionally airy thanks to the many windows. There is also a large swimming pool, a spacious terrace and numerous outdoor dining and relaxation areas located just off the living room. The manicured landscaping and thoughtful design make it feel like a private resort-like oasis.

It has an eclectic design with warm, textured interiors not often found in modern LA homes. Unlike stale, crisp white properties, this presbytery has an individualized feel with plenty of character.

“An opportunity to purchase a property of this caliber on arguably the most sought-after street of the Trousdale estates is truly rare,” says co-listing agent Carl Gambino of Compass. “The house is incredibly tasteful, elegant and exceptionally well done. No detail was spared during its four-year renovation. Combine the exquisite design work with the phenomenal views and you have a property unlike anything else on the market today.

The Los Angeles housing market is incredibly hot right now, with several homes breaking records over the past two years. This home is one of the top 50 most expensive homes on the market in Los Angeles and one of the largest homes in Trousdale Estates.

The property is also co-listed by Douglas Elliman’s Dena Luciano.

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