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Brad Pitt Lists Los Feliz Villa Following Summer Fire, Continues Real Estate Shift
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The actor is offloading a Los Feliz property after a recent burglary and fire, adding to a series of high-profile real estate moves.
Brad Pitt is streamlining his real estate holdings, placing his Los Feliz villa on the market, TMZ reports. The move comes after the property experienced a fire earlier this summer and a subsequent burglary.
The three-bedroom, two-bathroom home is being sold via an off-market transaction, indicating a discreet approach to finding a buyer.Initial interest in the property has reportedly been strong.
Known as “Steel House,” the villa boasts a notable history of celebrity ownership. Prior to Pitt, the property was owned by James valentine, guitarist for Maroon 5, and Aileen Getty, an heiress to the Getty oil fortune. Just two years ago, Pitt and Getty engaged in a significant property swap. Pitt acquired the Los Feliz villa for $5.5 million while Getty reclaimed Pitt’s historic craftsman manor in Hollywood hills, valued at $33 million.
Recent Acquisitions and Pitt’s Expanding Portfolio
Pitt’s real estate activity extends beyond sales. He recently purchased a villa in the Hollywood Hills for $12 million. The 185 square meter (approximately 1,990 square feet) property, built in 1960, features a distinctive modernist design and offers panoramic city views. Key features include terrazzo floors, exposed beam ceilings, and blue carpeting in the three bedrooms. The outdoor space includes a swimming pool, redwood Jacuzzi, and a separate sauna.
Despite these new acquisitions, Pitt’s primary residence remains the legendary DL James estate in Carmel, purchased in 2022 for $40 million.
Brad Pitt Real Estate: Quick Questions Answered
- Q: What is the value of Brad Pitt’s primary residence?
A: His primary residence, the DL James estate in Carmel, was purchased for $40 million in 2022. - Q: What is “Steel House”?
A: ”Steel House” is the nickname for Brad Pitt’s Los Feliz villa, currently for sale. - Q: Who did Brad Pitt trade properties with?
A: He traded properties with Aileen Getty, an heiress to the Getty oil fortune. - Q: How much did Brad Pitt pay for his Hollywood Hills villa?
A: He purchased the Hollywood Hills villa for $12 million. - Q: What happened at Brad Pitt’s Los Feliz villa this summer?
A: The property experienced both a fire and a burglary. - Q: What was the exchange rate between the Los Feliz villa and the Hollywood Hills manor?
A: Pitt purchased the Los Feliz villa for $5.5 million and Getty reclaimed the hollywood Hills manor for $33 million. - Q: What year was the Hollywood Hills villa built?
A: The Hollywood Hills villa was built in 1960.
Brad Pitt’s real Estate Trends & Insights
Brad Pitt’s ongoing real estate activity reflects a broader trend among high-net-worth individuals diversifying their property portfolios. His preference for architecturally significant homes, particularly those with ancient or unique design elements, suggests a focus on long-term value and personal enjoyment. The off-market sale of the Los Feliz property indicates a desire for privacy and control over the transaction process. The recent incidents at the property – the fire and burglary – may also be influencing his decision to sell.
