Rare Ferrari kept inside Los Angeles apartment for 30 years

By Ben Hooper Contact the Author   |   Feb. 6, 2017 at 1:49 PM

Feb. 6 (UPI) -- The owner of a rare 1959 Ferrari 250GT PF Coupe had a unique method of keeping the vehicle safe -- he stored it inside a one-bedroom Los Angeles apartment for about 30 years.

The new owner of the vehicle, who did not want to be identified, said he purchased the Ferrari from a man who bought it from its original owner in 1975 and drove it for about eight years before moving it into an apartment in a building he owned.

The Ferrari remained in the Hollywood apartment until recently, when the man agreed to sell it as part of his retirement.

"It was on the first floor in a one-bedroom apartment, against the dining room wall facing the driveway. What he had done, and it's really interesting, it seems like he was inspired by a comic book strip because he's included that in the binder of documents. It's a comic of some guy who cut a hole in his wall," the new owner told Petrolicious.com.

If the new owner restores the car to top condition, it could be worth up to $750,000, experts said.

"One sold in Paris this year for $700,000. A car sold at Pebble Beach this year for $715,000," Terry Karges, the executive director of the Petersen Automotive Museum, told KGO-TV.

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