"Paul Habibi, professor of real estate at UCLA, said it is about finding a buyer who recognizes the property as a historic one-of-a-kind estate. "Those streets in Holmby Hills have some of the highest prices in the nation," said Habibi. "If there is a property that is going to command a price at $180 million, it is going to be in that area." Habibi also said putting a $180-million price on the home could be a marketing strategy to give the home more buzz."
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