Charlie Puth sacrificed millions of dollars to escape from the luxury mansion in Beverly Hills.
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The 32-year-old singer-songwriter has finally sold his multi-million dollar estate after listing it on the market.
You are watching: Charlie Puth suffered a huge loss from selling his Beverly Hills villa off the market
According to Daily Mail, Puth initially asked $17 million for the house last November after buying it for just under $9 million in 2017. Because there were no takers, he reduced the price of the house to $14 million. million USD in May, according to Daily Mail.
Despite the price drop, the “We Don’t Talk Anymore” hitmaker still couldn’t find a buyer for it, forcing him to cut another $3 million from the asking price and settle for $11 million.
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If the inflation rate is considered, the value of the asset will be much higher. It is worth noting that the mansion was built by famous architect Rex Lotery in 1965, further adding to its appeal.
While the massive loss incurred from the sale would make anyone feel sorry for the Grammy-nominated singer, that’s not the case for the property’s new owner. The Daily Mail has learned that Puth sold the mansion to “Million Dollar List” star Josh Flagg in an off-market deal.
The ’60s-inspired beauty is a sight to behold, with its mid-century design and skillfully crafted structure made from a combination of stone, redwood, concrete and glass.
The four-bedroom, four-bathroom home features floor-to-ceiling windows, oak windows, a formal foyer, two-story ceilings, a sunken family room, a built-in bar, a formal dining room, and a private terrace, among other amenities.
Puth’s former property was once dubbed the “de Cordova House” because it was previously owned by “The Tonight Show with Johnny Carson” producer Freddie de Cordova, who transformed it into a vibrant social center moving for the biggest names in Beverly Hills.
Although Charlie, who married Brooke Sansone in September, has left Beverly Hills above, he is unlikely to leave California for good as he still has properties in Studio City and Santa Barbara.
He spent $9.2 million on a Bedford mansion in 2022 and bought another luxury home on Miami Beach’s exclusive North Bay Street the following year, according to Architectural Digest.
Tags Charlie Puth, Real Estate
Source: https://anhngunewlight.edu.vn
Category: Blog