Yes, the higher end of the real estate market is finally feeling the pinch. Just a few months ago, actress Amy Yasbeck (widow of John Ritter) put her 5,974-square-foot house at 8115 Mulholland Terrace in the Hollywood Hills, where it sat until December 2008 with a $2.495 million asking price. Perhaps perspective buyers are put off by the rumor that this is house where Rick James allegedly imprisoned and tortured a woman. (The superfreak was never convicted. For that alleged imprisonment). The listing describes the house as a “wonderful country manor house in the midst of being updated. 33,000 square foot lot with privacy and panoramic views of mountains and city lights.” The four bedroom, three-and-a-half bath house, which serves as a secondary residence for the Yasbecks, also has a pool, waterfall and footbridge, and a two-story cabana. Cut to February, with the house newly relisted with a substantial price drop. New asking price: $2.05 million or $343 per square foot, with an 18% reduction from the previous listing price. · 8115 Mulholland Terrace, Los Angeles CA 90046 [Redfin] · Celebrity Real Estate Wrap: Michael Ovitz, Randolph Duke, Amy Yasbeck, Gossip Girl Co-Creator Selling [Curbed LA]

[source: curbed.com]

Latest News

What Did Ex-Trump Aide Paul Manafort Really Do in Ukraine?

A former Trump aide now under federal investigation as part of the Russia probe earned millions working for a corrupt pro-Russian political party that repeatedly disparaged America's most important military alliance. Paul Manafort, who was Trump's campaign ...
Posted: June 27, 2017, 3:13 am

Trump and Putin should declare a nuclear war must never be fought, former officials say

A group of former officials from the U.S., Russia, Germany and the United Kingdom are calling on President Trump and Russian President Vladimir Putin to collaborate on issues involving nuclear deterrence. The group, which includes former Sen. Sam Nunn, D ...
Posted: June 27, 2017, 8:05 am

Police Commission to rule on fatal LAPD shooting of 18-year-old during gun battle in Nickerson Gardens

The Los Angeles Police Commission is expected to decide Tuesday whether officers were justified in fatally shooting an 18-year-old during what police described as a “running gun battle” in a Watts housing project in which one officer was shot and wounded.
Posted: June 27, 2017, 11:20 am
Related Topics: