If there's anything Donald Trump believes in, it's that real estate in a good location will always have its value. That might explain why he picked a Colonial style mansion in Beverly Hills with a Rodeo Drive address. The Real Estalker dishes that Donald Trump bought the home last summer and has put it back on the market for $12 million. The home itself is a 10,442 square foot mansion located close to the Beverly Hills Hotel. The home was built in 1981 and the property includes a pool and tennis court.
The listing shows this property as 'looking for backup' and the Real Estalker Mama says that is is in escrow after less than two weeks on the open market. It is unknown if Trump ever lived in the six-bedroom home or even ever set foot inside. The listing says the over 31,000 square foot lot is an "excellent development opportunity" so I think we are looking at a teardown on this one.