Stunning $13 MILLION mansion once owned by Muhammad Ali goes up for auction in popular Hollywood hotspot

A stunning $13 million mansion once owned by Muhammad Ali has gone up for auction in a popular Hollywood hotspot 

Nestled in the upmarket Hancock Park gated neighborhood in Los Angeles, the mansion boasts seven bedrooms and eight bathrooms, as well as a host of luxury features

The stunning pad, which was previously listed for $13.5 million, sits on a 1.5-acre lot and covers 10,500-square-feet, with a 1,000-square-feet guesthouse next to it

Pictured is the notorious boxer, alongside his wife Verónica Porche Alica, in front of the mansion in 1982

The former heavyweight champion was phtogorpahed taking a phone call in front of his cozy fire place at the sprawling property

Muhammad was pictured relaxing at home in his striped robe in the living room

The famous boxer owned the home from 1979 to 1984, with neighbors at the time including Golden Age celebs Mae West, Clark Gable and Nat King Cole

As of today, the current ask for the mansion is $8 million and has a current bid of $7,750,000 - with the auction closing on May 15 

The property was built in 1916 by John C. Austin, who is the architect of the Griffith Observatory and LA's City Hall and the estate 'exudes charm and grandeur'

The property has hosted legends such as Sylvester Stallone, Clint Eastwood, and President Obama

A stained glass personally designed by Louis Comfort Tiffany tops a collection of priceless architectural features, including antique fireplaces, French Empire chandeliers, and imported Italian marble

The property has park-like grounds including a swimming pool, lush lawns, a pergola terrace, stone fountains, and patios

According to the mansion's listing: 'Greet guests in the impressive foyer and hold court in the formal dining and living rooms'

'Imbibe amongst the art-filled gallery walls in the third-floor ballroom at the fully-equipped bar, before retiring to the semi-circular solarium,' says the listing 

The listing continues: 'This swoon-worthy address lies behind the gates of Fremont Place, in a singular Los Angeles neighborhood defined by its affluence and history'

'Bordered by Hollywood and Beverly Hills and close to Downtown, Hancock's central location is just part of this estate's charm,' says the listing 

'Fremont Place is a tranquil island within the city, and the Hancock Park property [has] only 70 homes behind the gates,' says the listing

'Many of [the properties] served as homes to early 20th-century giants such as King C. Gillette and A.P. Giannini,' says the listing

Widely regarded as the greatest heavyweight boxer of all time, Muhammad Ali was named 'Sportsman of the Century' by Sports Illustrated in 1999

The Kentucky native retired from boxing in 1979 - the year he purchased the estate - and died in 2016 aged 74

The bathrooms feature elegant white cabinets with gold borders and two sinks, for his and hers 

A smaller bathroom has wide white tiling throughout, with wooden details and flower accents 

The property's elegant staircase offers an artistic statement piece that guests surely cannot miss while passing by

The mansion offers multiple seating areas that are located inside and outside

The property's exquisite sunrooms offer a peaceful and calming place for homeowners to sit back and relax 

The mansion offers many outside seating areas, one of which is beautifully decorated with white pillars 

Another outside seating area offers an extended balcony that is connected to one of the many living spaces

The garden in the backyard of the mansion offers an oasis of calming views, featuring tall palm trees and flowers

The seating arrangement right by the pool offers comfortable seating and a cozy fire place for cold nights

The views from the pool itself are spectacular, as homeowners can swim while admiring their property

The pool is yards long, offering swimmers a superb space to get in some cardio and enjoy the outdoors

The house offers beautiful crafted white mini-balconies that oversee the grounds from above and offer a touch of greenery for visitors to admire