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Hard Rock's Peter Morton Buys Elvis' House

Hard Rock Cafe co-founder Peter Morton just picked up the old Elvis Presley place in Beverly Hills for $9.8 million, reports the LA Times. Elvis bought the 1.18-acre property in 1967 (the same year he married Priscilla) for $400,000. It maintains its original gates, which still have messages to The King written on them.

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