This week in celebrity real estate: Rihanna flips WeHo pad in three months time, retired developer Alan Casden asks $59M for Bev Hills mansion…and more

Los Angeles /
Nov.November 03, 2017 05:00 PM

It was relatively quiet on the celebrity real estate front as Hollywood’s favorites played dress-up and put on their scariest makeup for Halloween festivities. That didn’t deter everyone’s favorite bad girl — Badgal Riri that is — from making a quick buck on a West Hollywood villa. Rihanna purchased the 6,250-square-foot property on North Kings Road in August for $2.75 million, just to flip it three months later. She’s now found a taker for the five-bedroom, six-bathroom residence for $2.85 million. Jackie Smith of Compass had the listing.

Porn tycoon Bill Asher of Vivid Entertainment was another quick profiteer this week. He secured a buyer for his Hancock Park home on Muirfield Road for $5.75 million, just a few weeks after listing it. The 1923 Colonial has six bedrooms, five bathrooms, a swimming pool and spa. Asher, co-owner of Vivid Entertainment, is responsible for releasing sex tapes belonging to celebs like Kim Kardashian and Tila Tequila. Lisa Hutchins of Coldwell Banker swung that real estate deal.

In pricier news, retired real estate developer Alan Casden and his wife Susan are seeking $58.8 million for their 73,000-square-foot Beverly Hills property. The home spans eight bedrooms, 15 bathrooms, and even features a miniature train that runs across the grounds. A tennis court and croquet court complete the residence. Heavy-pocketed buyers can contact Christophe Choo of Coldwell Banker for that one.

Another industry pro making headlines this week was Mauricio Umansky, co-founder of the Agency, and his “Real Housewife” Kyle Richards, who broke records over in Encino with their $8.25 million purchase of “The Smokey Robinson Estate.” The couple snagged the 10,600-square-foot home from developer Gidi Cohen, who added a guesthouse, new swimming pool and spa to the seven-bedroom residence. To no one’s surprise, Craig Knizek of the Agency had the listing while Umansky represented himself.

While not exactly a “home,” it’s worth noting that a portfolio amassing to 70 acres of prime Malibu land hit the market this week. The properties belonged to the late Univision chairman, Jerry Perenchio, who died in May. Brokers expect the flurry of developable land to fetch $150 million.


Related Articles

arrow_forward_ios
Mercedes Abramo, CEO of Cartier North America, and 370 North Rodeo Drive (Getty Images, Gensler)
Cartier delays building Rodeo Drive store
Cartier delays building Rodeo Drive store
Michael Weinstock with 23754 Malibu Road
Beach house in Malibu’s Colony lists at $34.5M
Beach house in Malibu’s Colony lists at $34.5M
Jeffree Star and the home at 25220 Walker Road (Compass, Instagram via @jeffreestar, Getty)
Cosmetics guru Jeffree Star relocates to Wyoming after selling Hidden Hills estate
Cosmetics guru Jeffree Star relocates to Wyoming after selling Hidden Hills estate
Nahla Capital's Genghis Hadi and GPI's Cliff Goldstein with rendering of Rosewood Residences Beverly Hills (Common Ground, GPI, Rosewood)
Luxe condo under construction in Beverly Hills could ask $40M
Luxe condo under construction in Beverly Hills could ask $40M
Corinne Verdery, a rendering of 333 La Cienega, and Rick Caruso (Getty Images, Caruso Affiliated)
Meet Rick Caruso’s successor-in-waiting: Corinne Verdery
Meet Rick Caruso’s successor-in-waiting: Corinne Verdery
Sue Gross and Anthony Hsieh with One Thousand Museum and 960 N. Alpine Drive (Getty, LoanDepot, One Thousand Museum, Zillow)
OC billionaires reconfigure residential portfolios
OC billionaires reconfigure residential portfolios
Sarah Siegel-Magness and Cancha de Estrellas at 200 Lambert Road (Getty, Compass)
Carpinteria polo fields for sale at $50M
Carpinteria polo fields for sale at $50M
500-512 Perugia Way  and Sean Rad (Getty, Zillow)
Yvette Mimieux dual estate sells to Tinder co-founder for $35M
Yvette Mimieux dual estate sells to Tinder co-founder for $35M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...