Top five most expensive properties for sale in Los Angeles

#2. Hummingbird Nest Ranch. Price $75,000,000. Simi Valley, CA.

That's right, Simi Valley. Why the lofty price tag? You get 123 acres of land with a 17,000 square foot mansion designed by R Robertson, 6 guest homes, 10 town homes and an equestrian center with 60 stalls for your horses. You are not just purchasing a home here, this is a business. This is a destination where you can stay the night, have a wedding, or play a game of polo. Supplement your income by the many movies that are filmed here. Property also includes a helipad, swimming pool and parking for 500 of your friends. Co-listed by Drew Mandile and Brooke Knapp of Sotheby's Beverly Hills.

The address is 2949 Kuehner Drive, Simi Valley, CA. Visit the website at hummingbirdnestranch.com.

Click here to read full article by Gary Dempsey.