The Real Deal New York

Singer Katy Perry sells Hollywood home at a $1M loss

January 04, 2014 10:00AM

 Pop star Katy Perry has finally sold her Hollywood Hills home, but at a nearly $1 million loss.

The home, which she originally purchased for $6.5 million with her comedian ex-husband Russell Brand in 2011, spent all of 2013 on the market, with an $8 million ask.

But now the three-acre Mediterranean-style house, built in 1925, which also includes a caretaker’s apartment and a guesthouse, has sold for $5.65 million, according to TMZ.

The buyer, who bought the 8,800-square-foot, seven-bedroom property from outside the U.S. without having seen it in person, plans to gut renovate the home.

Ernie Carswell and Christopher Pickett of Teles Properties, Beverly Hills listed the property. David Coe of Keller Williams represented the buyer, according to the LA Times. [TMZ, LA Times]Christopher Cameron