We’ve now heard from not just one but three plugged-in informants, one of them Platinum Triangle real estate mover and shaker Peter Propertyseller, that Italian-born fashion and retail mogul Mossimo Giannulli and veteran television actress Lori Loughlin are widely rumored in certain high-end real estate circles to have made a sub rosa, off-market deal to… Continue reading

“We spend so much time talking about how most normal people can’t afford to live in Los Angeles anymore and you know what, it’s totally unfair to the dozens of abnormal people who have tons of money to piss away on in-home operating rooms and several-hundred-thousand-dollar staircases. Today is their day. With data from PropertyShark,… Continue reading

The luxury SLS Beverly Hills hotel created by hotel and nightclub mogul Sam Nazarian has been sold for $195 million to Torrance multilevel marketing and hotel firm Sunrider International. Nazarian’s company SBE opened the 297-room hotel in 2008, just as the hospitality industry was going into a recession-related skid. The hotel business has since recovered… Continue reading

Hollywood couple  have sold their longtime Beverly Hills home in an off-market transaction for roughly $28 million, according to people involved in the deal. The roughly 2-acre estate includes a free-standing screening room, a dance studio and two swimming pools. The transaction closed today, according to Rochelle Atlas Maize of Nourmand & Associates, who represented… Continue reading

The DeVito-Perlman spread is not listed on the open market, so we didn’t turn up any publicly accessible marketing materials. However, digital listing details from back in 2007 and 2008, when the couple had the estate on the open market with an asking price of just under $32 million, show the nearly 15,000-square-foot French Country-style… Continue reading

Hank Azaria has sold a house in the Beverly Crest area for $3 million, according to the Redfin.com website. The two-story Craftsman-esque house, built in 1999, was inspired by Prairie School architecture, which emphasizes horizontal lines, eaves and handcrafted details. Living, family and dining rooms, a library/study, four bedrooms and five bathrooms are within the… Continue reading

“Tech moguls looking to buy a trophy home have long turned to Southern California. Billionaire Larry Ellison has become almost legendary for purchasing prized beachfront Malibu properties. Amazon.com’s Jeff Bezos spent $24.5 million for a Beverly Hills compound. Sean Parker, of Napster and Facebook fame, dropped $55 million last year to buy Ellen DeGeneres’ Holmby… Continue reading

It’s always a good idea to buy less house than you can afford . Aside from your monthly mortgage payment, you also have to have cash at the ready for a down payment, which is usually 20% of the home’s price. And there’s one more cost that’s easy for homebuyers to overlook: closing costs. Nicole Lapin, author of “Rich… Continue reading