Rihanna’s house in LA hits the short sale market for $4.5 million

The $7 million home of super successful singer/songwriter, Rihanna, in Beverly Hills, Calif., is the subject of a real estate short sale, according to several published reports.

The Barbadian beauty closed on the newly-built, eight-room expanse back in 2009; however, it’s apparently been nothing but a money pit ever since she assumed ownership.

In fact, the “Umbrella” pop sensation, 23, recently filed a lawsuit against the homebuilder, alleging that poor construction has led to major flooding problems that have caused significant damage. As a result, she has listed the mansion on the market for $4.5 million and will “consider all offers,” meaning that she is willing to accept less than what is owed on the mortgage to expedite her exit.

Typically, the lender that holds the note is tasked with making those types of shortfall decisions; however, it’s unclear if the lawsuit, which names essentially every party involved in the transaction, including the selling agent, will have an impact on the eventual outcome.

Ironically, her decision to get out of dodge appears to coincide with her abusive ex-boyfriend, Chris Brown, recently purchasing a $1.6 million home nearby. Brown, of course, was sentenced to five years probation and more than 1,400 hours in “labor-oriented service” for assaulting Rihanna back in 2009.

Sometimes things really do seem to happen for a reason.

Check out complete details of Rihanna’s water-logged short sale house after the jump (via RealEstalker):

“Listing information from that time Miss Riri purchased the property shows the gated contemporary crib sits heavily on .86 hill top acres at the tail end of a short cul-de-sac and measures more than 10,000 square feet over three floors with 8 bedrooms and 10 bathrooms. The heart of the hulking house is a dramatic airplane hangar-sized living/dining area with milk-chocolaty hardwood floors, fireplace, towering walls of glass with city to ocean views, and glass-railed bridge that connects two second floor wings of the modern mansion. Other interior spaces include a den/family room with fireplace, eat-in kitchen with not just one but two gigantic center islands, office, staff quarters, art studio, fitness room, media/music room, wine cellar and home theater with wide screen and state-of-the-art projection equipment. The gated grounds encompass a tight motor court with two-car attached garage, flat lawn the narrows to a small sun deck with city and ocean views, and a small swimming pool and spa surrounded by an entertainment terrace and deck cantilevered over the canyon.”

For more celebrity-related distressed real estate situations be sure to check out our complete archive on the topic right here.

Comments

  1. Wow, even a really expensive house can have major problems.

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