Ramtin Ray Nosrati, center, hosted a party at the property with guests including Magic Johnson and Julius Erving.
Photo: Open House Foto/Huntington Estate Properties Featured throughout the home are pictures of basketball stars like LeBron James and the late Kobe Bryant, listing pictures show. The name “Kobe” and “24,” Mr. Bryant’s jersey number, are imprinted on the basketball court’s floor.
The gated compound also includes a car showroom with floor-to-ceiling glass walls that open to the den, an office, a bar and a hair salon as well as a 1,000-gallon dual-sided aquarium. There is a two-story guesthouse and a movie theater with a starlight fiber-optic ceiling. The buyer is Jeffrey Feinberg, a hedge-fund executive and a longtime basketball fan.
Photo: Simon Berlyn/Huntington Estate Properties Newsletter Sign-up
Real Estate
From aspirational residences to major commercial deals.
SUBSCRIBE
One feature the developer is particularly known for: a cannabis garden on the rooftop terrace.
“The house is basically like a resort, with all the bells and whistles you can think of and dream of,” Mr. Nosrati said. From the sports simulator, you can practice pitching, play golf all over the world or play “zombie dodgeball,” he said.
Mr. Nosrati has developed luxury homes all over West Los Angeles and in Miami. He noted that the basketball court was a key feature in getting the deal done with the buyer. Before the sale, Mr. Nosrati hosted a party at the property with guests including Magic Johnson.
Mr. Feinberg’s two sons both played basketball at Sierra Canyon School, according to their college basketball rosters at Yale University and Harvard University. The Los Angeles-area school is known for drawing the children of major NBA stars, including Zaire Wade, son of retired star Dwyane Wade, and LeBron Raymone “Bronny” James Jr., LeBron James’s son.
Mr. Nosrati noted that, while he sees plenty of buyers in the market interested in cannabis-centered amenities , he believes the new owner of the house plans to replace the cannabis with vegetables.
Mr. Feinberg couldn’t be reached for comment.The property is one of the most expensive to have sold in the Los Angeles area in recent months. Mr. Nosrati was represented in the deal by Branden and Rayni Williams of the Beverly Hills Estates, Shauna Walters and Sally Forster Jones of Compass and Josh and Matt Altman of Douglas Elliman. Write to Katherine Clarke at katherine.clarke@wsj.com