J.Lo and A-Rod are the new owners of a three-story Malibu beach house

The couple bought the home from actor Jeremy Piven in January for $6.6M

Los Angeles /
Feb.February 13, 2019 11:00 AM
Alex Rodriguez and Jennifer Lopez have a new pad in Malibu (Credit: Getty Images)

Power couple Jennifer Lopez and Alex Rodriguez are Malibu’s latest celebrity residents.

Singer-actress JLo and former Yankee shortstop A-Rod were the buyers behind the $6.6 million sale of actor Jeremy Piven’s Malibu beach house last month, according to Yolanda’s Little Black Book.

The three-story, 4,400-square-foot home on Malibu Road has 50 feet of beachfront and a suite of high-end conveniences. They include a sauna, soaking tub, steam shower, and a screening room.

The couple are frequent real estate investors. In March 2018, they dropped $15.3 million on a condominium unit at 432 Park Avenue in New York and relisted it with a $2 million markup in January.

They own two other properties in Los Angeles — an Arts and Crafts estate in Bel Air and a contemporary pad in the Hollywood Hills, according to Yolanda. Rodriguez also owns a home in Coral Gables, Florida.

Piven bought the home in 2004 for $3.5 million and first listed it in 2017 for $10.5 million and as a $40,000 per month rental. He had just bought a home in Laurel Canyon. Later that year, multiple women accused Piven of sexual harassment.

The actor, who is most well-known role as high-powered showbiz attorney Ari Gold in HBO’s “Entourage,” is also looking to sell a 3,000-square-foot home in New York’s Tribeca neighborhood. [Yolanda’s Little Black Book]Dennis Lynch 


Related Articles

arrow_forward_ios
Liam Payne and his Monte Nido home (Getty, Redfin)

Plotting new direction, Liam Payne sells Monte Nido compound

Plotting new direction, Liam Payne sells Monte Nido compound
Embattled director faces sexual assault allegations. (Getty, Compass)

Director, facing sex assault allegations, sells Malibu home for $14M

Director, facing sex assault allegations, sells Malibu home for $14M
Liam, Chris and Luke Hemsworth with their Malibu home (Getty, Zillow)

Hemsworth bros sell Malibu crash pad

Hemsworth bros sell Malibu crash pad
Trevor Noah and the Bel Air house (Getty, Redfin)

Trevor Noah pays $28M for Bel Air mansion after selling another

Trevor Noah pays $28M for Bel Air mansion after selling another
Reese Witherspoon (Getty)

Reese Witherspoon pays $16M for Brentwood mansion

Reese Witherspoon pays $16M for Brentwood mansion
Anthony Davis and 940 Candlecrest Drive (Getty, Redfin)

Lakers’ Anthony Davis sells mansion for $1M less than he paid

Lakers’ Anthony Davis sells mansion for $1M less than he paid
Red Hot Chili Peppers bassist Flea — real name Michael Balzary — sold his compound for $20 million (Getty, iStock)

Flea sells Malibu estate for $20M

Flea sells Malibu estate for $20M
Chad Richison and Il Pelicano (Douglas Elliman)

Malibu’s Il Pelicano estate sells for $30M below original asking

Malibu’s Il Pelicano estate sells for $30M below original asking
arrow_forward_ios

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

Loading...