Who sold the mansion?
Carlos Alberini, CEO of Guess, and his wife, Andrea Alberini, sold the mansion.
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Real Estate / Celebrity Homes
Bruce Willis' Former Beverly Hills Mansion Sold for $41.3 Million
A stunning Beverly Hills mansion, once owned by actor Bruce Willis, has been sold off-market for $41.3 million. The property, located in the Benedict Canyon neighborhood, was purchased by Carlos Alberini, CEO of Guess, in 2014 for $16.5 mil...
Key Insights
- The mansion was sold for $41.3 million, more than doubling the price Alberini paid in 2014.
- The sale marks the second-highest residential real estate purchase in Los Angeles County this year.
- The property features updated interiors and exteriors, including expanded bedrooms and modern amenities.
- Alberini purchased the adjacent home in 2021 for $15.75 million, which is now on the market for $17.99 million.
In-Depth Analysis
The sale of Bruce Willis' former Beverly Hills mansion underscores the enduring appeal of properties in prime Los Angeles locations. Alberini's renovations, which included expanding bedrooms and adding modern touches, likely contributed to the increased value. The property boasts 7 bedrooms, updated living spaces, a wine storage room, and a private movie theater. Outdoor amenities include a pool, sports court, and multiple entertaining areas. The identity of the buyer remains undisclosed.
The Real Deal reported the $41.25 million sale marks the second-highest price for a residential real estate purchase made in Los Angeles County this year so far, falling second to a nearby dwelling that sold for $47 million in March.
FAQ
How much did they buy it for?
They purchased the property from Bruce Willis in 2014 for $16.5 million.
What is the location of the property?
The property is located in the Benedict Canyon neighborhood of Beverly Hills.
Takeaways
- Luxury real estate in prime locations can yield significant returns on investment.
- Renovations and updates can substantially increase property value.
- Off-market deals are common in the high-end real estate market.
Discussion
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Sources
Disclaimer
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