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The Real Deal Los Angeles

Smashing Pumpkins frontman Billy Corgan sells Beverly Hills estate for $3.9M

Singer barely netted a profit on the deal
June 07, 2017 12:00PM

Billy Corgan, North Beverly Drive home (Getty Images/MLS)

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