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Entrepreneur puts Bel-Air mansion on the market

Ted Foxman's 14,000-square-foot Mediterranean-style home, which includes seven bedrooms and 11 bathrooms, is being offered at $16.25 million.

September 28, 2011|By Lauren Beale, Los Angeles Times

Chicago entrepreneur Ted Foxman has put his Mediterranean-style mansion in Bel-Air up for sale at $16.25 million.

Entered through a two-story foyer, the 14,000-square-foot house overlooks the Bel-Air Country Club. There is a bar, den, library, seven bedrooms and 11 bathrooms. The grounds of more than three-quarters of an acre include a swimming pool, sports court and a cabana.

Foxman sold his Eagle Test Systems to Teradyne Inc. in 2008 for $360 million and founded branding and marketing firm Productive People.

Public records show he bought the property last year for $16.25 million.

Mauricio Umansky of the Agency in Beverly Hills is the listing agent.

lauren.beale@latimes.com

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