Kudos are in order for Adam Levine, the Maroon 5 frontman, who’s quickly becoming a Los Angeles real estate guru.
The “She Will Be Loved” singer sold his seven-bedroom Beverly Hills, California, mansion in less than five weeks for $45 million. The final deal was just a couple million off his $47.5 million asking price—a major feat in a super-luxury market plagued by price cuts and long list times.
Levine, 40, has a flair for selling multimillion-dollar mansions, if his track record of the past three years is anything to go by.
The singer bought this particular Beverly Hills residence in March 2018 for $34 million, and in little more than a year flipped it for $11 million more.
Of course, he spent considerable cash updating the place. He remodelled the interiors and grounds and added new amenities, which in total set the superstar back about $8 million.
What’s more, he’s reportedly sold the mansion to the reigning queen of celebrity home flipping: Ellen DeGeneres.
And while Levine, his wife, model Behati Prinsloo, 31, and two kids clearly used the house as a personal residence, it’s unclear if DeGeneres will live there or do her usual interior overhaul and put it back on the market.
The swanky home was built in 1933 in the traditional American vernacular style of the time. It now spans over 10,000 square feet, with seven bedrooms, eight bathrooms and myriad bonus rooms—including a home theatre and media room, a gym, two kitchens and a guest house.
COPYRIGHT © Abode2 2012-2024