Jared Leto's $12M Air Force Home Buyer Unveiled

Jared Leto's former Air Force compound in Hollywood Hills was sold in May for $12 million after he purchased it in 2015 for $5 million. The property, originally built in 1941 as a World War II air defense center and later operated as a classified military film studio, has been restored by Leto and now belongs to tech entrepreneur Palmer Luckey, founder of Oculus VR and defense technology company Anduril Industries. Luckey, known for military connections and military-related real estate investments, acquired the 14,649-square-foot compound as part of his expanding portfolio of military assets.

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