Smashing Pumpkins frontman Billy Corgan sells Beverly Hills estate for $3.9M
The Smashing Pumpkins frontman Billy Corgan netted a measly profit on the sale of his Beverly Hills pad.
The singer sold the property for $3.9 million, after buying it for $3.85 million in 2009. It had been on the market with an asking price of $4.15 million.
The traditional-style North Beverly Drive estate sits on a three-quarter-acre lot with a a main house and a detached two-room guest house, the Los Angeles Times reported. The main 3,267-square-foot home, built in 1947, has four bedrooms and three bathrooms. There is also a swimming pool, an outdoor fireplace and a pond surrounded by trees, according to the listing details.
Joseph Babajian of Rodeo Realty had the listing. Susan Smith of Hilton & Hyland represented the unidentified buyer.
Meanwhile, Corgan has been busy making a wholly different type of investment. He reportedly agreed to purchase the National Wrestling Alliance last month. [LAT] — Subrina Hudson