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Monroe's Former Home Declared Historic Monument, Owners Claim Loss of $8M Investment
A California couple is suing Los Angeles after the city blocked them from tearing down Marilyn Monroe's former home and declared it a historic monument, which has reportedly killed their $8M investment plans. The owners claim the property's designation as a historic monument will prevent them from redeveloping the site.
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Marilyn Monroe's former home in California has been declared a historic monument, effectively blocking plans by its owners to tear it down and recoup an $8 million investment. The couple is now suing the city of Los Angeles over the decision. The property's historic status was cited as the reason for the city's refusal to allow demolition. The lawsuit seeks compensation for the lost investment.
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