Inside the $6M mansion BLM reportedly bought with donated funds

The sprawling $6 million mansion bought by Black Lives Matter in Los Angeles once hosted Humphrey Bogart and Marilyn Monroe as house guests — and comes complete with a sound stage, music studio, pool and a two-bedroom guest house.

 

The 7,400-square-foot Studio City compound is a 1930s “farm house” that also boasts seven bedrooms and seven bathrooms, according to the real estate listing.

 

“Impressively renovated back to the 1930s with all the modern conveniences!” the listing said. “Marilyn Monroe and Humphrey Bogart were a few A-listers who stayed as guests in this estate.”

 

 

 A shell company connected to Black Lives Matter Global Network Foundation bought the home in October 2020.Ringo Chiu for NY Post

 

Black Lives Matter bought a $6 million 7,400-square-foot Studio City mansion that hosted some of Hollywood’s most iconic stars.Keller Williams Realty Encino

 

The swanky digs also has a custom-made wrought-iron staircase, marble-lined bathrooms, three fireplaces — including one imported from Italy — recessed lighting fixtures, digital cameras and thermostats, as well as a private yard with an elaborate play-set and a chicken coop.

 

The stunning mansion was secretly bought by a shell company in Oct. 2020 connected to the embattled Black Lives Matter Global Network Foundation, which used part of its $90 million donation windfall to purchase the property as a “campus” for the organization, New York Magazine reported Monday.

 

Property records reviewed by The Post on Tuesday show the home was sold for $3.1 million to Dyane Pascall, a Los Angeles-based real estate developer who works in the nonprofit sector, in a deal that closed Oct. 27, 2020.

 

 

The Black Lives Matter Global Network Foundation reportedly used part of its $90 million donation windfall to purchase the property as a “campus” for the organization.

 

The seller at the time, televangelist Shawn Bolz, confirmed the sale to The Post.

 

Three days after the purchase, however, records show that the property was transferred to a Delaware limited liability company — named after the home’s address and representing BLMGNF — for $5.8 million. No transfer tax was recorded because the LLC was representing the nonprofit, which is tax-exempt. The LLC is registered under a Washington, DC office for the law firm Perkins Coie, which had set up the complex web of BLMNGF’s related entities in 2016.

 

The discrepancy between the two eye-popping amounts was not immediately clear.

 

Read More Here: New York Post