In 1928, Bel-Air founder built this LA mansion; bought for $5.5m in 2010, now listed at $32.5m

A 1928 mansion built for Alphonzo Bell, the oil businessman who helped create Bel-Air, is now listed for $32.5 million. Michael Wexler bought the Los Angeles home for $5.5 million in 2010 and spent years restoring it. The 10,600-square-foot property now has seven bedrooms, a theatre, pool, wine cellar and 26 newly planted redwood sequoias.

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