Brad Pitt is selling his Los Feliz compound in Los Angeles for $39 million after nearly three decades after buying it for $1.7 million.
Brad Pitt officially says goodbye to his Los Feliz, California compound After owning and redesigning it for nearly three decades.
The 59-year-old actor recently sold it $39 million which is a far cry from the $1.7 million he shelled out when he bought it The home of horror icon Elvira back in 1994, according to TMZ.
The property was originally listed for $45 million in January, but it’s unclear what drove the price down.
Pitt was known for staying at home with ex-wife Angelina Jolie and their six children before their 2016 split, but he also occupied it independently for many years.
The Fight Club actor is said to be moving from Los Angeles to a $40 million mansion in the small northern California beach town of Carmel.
This comes ahead of the April 1 date for the start of a new “mansion tax” in Los Angeles which is said to be the cause of the recent surge in listeners’ flight from the affluent zone.
Moving on: If Brad Pitt officially says goodbye to the sprawling Los Feliz compound after owning and remodeling it for nearly three decades; House seen in January
The 59-year-old actor recently sold it for $39 million which is a far cry from the $1.7 million he paid when he bought the home from horror icon Elvira in 1994, according to TMZ.
The ULA measure will require those selling more than $5 million in real estate to pay a 4% transfer tax. Sales over $10 million must be subject to a 5.5% tax
The money will go towards public housing in hopes of addressing Los Angeles’ growing homeless crisis. The city has set a goal of $1 billion, it reported Hey ho!
Brad’s impressive Hollywood Hills estate is located in a gated community rich in history spanning over 110 years.
It is said to have been built by an oil baron in the 1910s and is where rock legend Jimi Hendrix penned his famous 1967 hit May This Be Love.
Brad has spent years renovating and building new additions to the property with a team of world-class architects and designers.
The Interview With A Vampire star was said to have been heavily involved in the design process to create his ideal abode.
To expand the space, he purchased a number of adjacent lots.
The property’s main house is 6,700 square feet with five bedrooms and five bathrooms.
The California Craftsman-style abode features a gray roof and brick chimneys.
There is a cobblestone driveway which leads directly to the front floor.
The abundance of trees and other lush landscaping provides optimal privacy.
The property was originally listed for an asking price of $45 million in January, but it’s unclear what drove the price down
This impressive Hollywood Hills estate is located in a gated community rich in history spanning over 110 years
There are two swimming pools to the right of the property with jacuzzis, as well as a large koi pond.
To the left is a full tube skate park.
There is also a movie theater, a garage for Brad’s motorcycle collection, and at least four guest houses.
Sources claim that all guest houses are designed to be two bedrooms, two bathrooms.
Pitt reportedly owns a $100 million real estate portfolio that includes half of the $160 million French winery he owns with ex-wife Angelina, according to velvetropes.com.
The former couple bought the ‘Chateau Miraval’ in 2011 and married in a chapel on the premises in 2014.
Pitt and Jolie are currently in the midst of a legal battle over the Changeling actress’s desire to sell her stake.
Pitt accused her of doing this in order to willfully “do harm” by entering into the sale with a complete “stranger”, thus violating their agreement.
Meanwhile, Jolie has blasted Pitt’s allegations as “frivolous, malicious and part of a problematic pattern,” according to court documents obtained by RadarOnline last year.
Pete also owns properties in the Hollywood Hills, New Orleans, Malibu, and a $5 million beach house in Goleta.
Pitt recently spent $40 million for the historic DL James home known as “Seaward,” which overlooks California’s stunning Central Coast in Carmel.
It is said to be the highest price ever sold in the area.
Pitt is rumored to be dating LA-based model Ines De Ramon, 29, who split from husband Paul Wesley last year.
The pair have reportedly been dating since November and have been spotted on several date nights in recent months.
Pete reportedly owns a $100 million real estate portfolio that includes half of the $160 million French winery he owns with ex-wife Angelina, according to velvetropes.com. Seen in february
Legal battle: Pitt and Jolie are currently locked in a legal battle over the Changeling actress’s desire to sell her stake; Seen in 2015
The accusations: Pitt accused her of doing so to willfully “cause harm” by entering into a sales transaction with a complete “stranger”, thus violating their agreement; Seen in 2015
A source told DailyMail.com that Pitt has already introduced Ennis to “most” of the six children he shares with Angelina, and that he and his new partner have been a source of support for each other after “bonding” over their divorce.
Despite finding love again, Pete remains attached to Jolie as a years-long custody battle rages on.
It took nearly a decade and now three of the pair’s six children are of legal adulthood.
Pitt and Jolie share sons Maddox, 21, Pax, 19, Knox, 14, and daughters Zahara, 18, Shiloh, 16, and Vivienne, 14.