Wednesday, August 29, 2007
Ashley Simpson's Humble Abode in The Beverly Hills Post Office
Posted by Mike at 10:05 AM 0 comments
Monday, August 27, 2007
Paris Hilton's Flip
Paris Hilton, real estate genius? All the blogs are saying this will be her next house. She is rumored to have this place under contract. Do you think that she has figured out that she can put a place under contract and all the resulting publicity will spark curiosity in the property?Maybe she can then "flip" the house for a profit? Who knows, stranger things have happened, I guess.
Posted by Mike at 6:01 PM 0 comments
Robert Wagner's Ranch-Style Home in Brentwood
Robert Wagner, R.J. to his friends, is unloading his big ranch style house right off Sunset in the Sullivan Canyon area of West L.A.
He has owned this house since 1973 when he paid $220,000, according to the Realestalker. Ruth Ryon from the L.A. Times says that this baby went for near 15 mil. Well we don't know how "near" but we'll see what Mr. Big Time says, because he is the purchase price guru. Still, R.J. you did pretty good on this place money wise. We figure about a 24 percent annual return on this 34 year investment.
Ever wonder how life imitates art and vice versa? Remember Hart to Hart the TV show where Robert Wagner plays a suave and wealthy Millionaire? In real life Robert Wagner is certainly suave and wealthy. The show "Hart to Hart" was set in a big ranch style estate up in old Mandeville Canyon. Mandeville Canyon is only one street over from Old Oak Road where this place is. In "Hart to Hart" Wagner's character, was married to a sexy and slightly younger red-head, played by the beautiful Stephanie Powers. In real life he is married to Jill St. John who to me is very similar in looks and stature to Miss Powers (i.e. they are BOTH smokin' hotties!!) See what I'm saying? Weird huh?
If you like these types of houses (I have to admit a soft spot in my heart for them) then West Los Angeles is where you need to be. Most famously, Brian Grazer is trying to sell his ranch-style monster, right down the street in Pacific Palisades. Check out the radical remodel the Grazer's did. We featured it a while back. This may be the most expensive "flip" in America at $27.5 mil.
Posted by Mike at 4:20 PM 1 comments
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