Elvis Presley’s ex-Los Angeles home sold for $41 million

Elvis Presley’s most famous home - outside Memphis - has just changed hands and offered a unique insight into the life of the rock n’ roll legend.

Elvis Presley’s former LA home has been sold for $41m. Picture: Picture: News Corp

Elvis Presley’s incredible former Californian home has just changed hands, offering a unique insight into the life of the late rock n’ roll legend.

The King’s second most famous house, after his legendary Graceland estate, in one of Los Angles’ most sought-after locations has just changed hands for a massive $A41 million, according to Mansion Global.

Elvis Presley and family's former Los Angeles home. Picture: Realtor

The Beverly Hills mansion, just off Sunset Boulevard, situated a stone’s throw from the Playboy Mansion and Michael Jackson’s former Holby Hills home, boasts seven bedrooms and seven bathroom and sits on a 1.62 acre lot. It’s a window into the opulent life Elvis enjoyed before his untimely death in 1977.

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Elvis Presley with wife Priscilla and daughter Lisa Marie. Picture: News Corp

Elvis lived in the mansion in the early 1970s, and it was the last home he shared with his wife Priscilla Presley and their daughter Lisa Marie before the couple filed for divorce in 1973.

The incredible home sits on a 1.6 acre block. Picture: Realtor

“Beautifully situated at the corner of Ladera and Monovale Drive in Holmby Hills, this 1.6-acre property offers unlimited possibilities. A long private drive leads up to a motor court and a stately Tudor Revival house with leaded glass mullion windows, imposing archways and high-pitched roof,” The Realtor listing reads.

Elvis Presley in Las Vegas during a concert in December of 1975. Picture: Michael Ochs Archives/Getty Images

The 1930s mansion itself was sold for $US20 million ($A27.43 million) last week, while the adjoining parcel of land was sold for a further $US9.3 million ($A12.76 million) and as such the sale was also marketed as a “spectacular development opportunity”.

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The property comes complete with a koi pond. Picture: Realtor

The estate has underdone a series of renovations and transformations since it was built in the 1930s.

There’s also a traditional Japanese tea house. Picture: Realtor

The Presley family enjoyed the New England colonial style of the mansion, which its original architect has planned. The couple was said to have spent plenty on building updates including to the kitchen and the second floor bathroom as well as putting in French doors in the living room to give the home an indoor/outdoor flow and to allow more light into the dwelling.

Elvis Presley strolls the grounds of his Graceland estate circa 1957. Picture: supplied

The home now has a faux-Tudor-style facade that wasn’t part of the original build.

The adjoining parcel of land features a traditional Japanese tea house and a koi fish pond.

Elvis Presley with Priscilla Beaulieu on their wedding day in 1967. Picture: supplied

According to reports the home was just bought by Ryan Hekmat and Jasmin Larian, owner of apparel brand Cult Gaia and daughter of the billionaire who founded the L.O.L. Surprise! dolls.