RiRi’s Former Mansion Take$ A Price Cut
It was so bad (complete with extensive leaks and structural issues), that the “Umbrella” singer filed a lawsuit and was even willing to take a more than $2 million profit loss when she listed it as a short sale in November 2011 for $4.5 million. (And the new owner bought it for the bargain price of $5 million instead.)
Ever since the industrious flipper put it back on the market in September 2012 for a whopping $9.95 million, they still can’t sell it seven months later.
So that’s good news for a potential buyer because now they’ve slashed the price from nearly $10M to $8.395M.
The 8,520 square foot manse with 270-degree views of the Los Angeles skyline has gotten a facelift, but still has rocker RiRi written all over it.
Complete with seven bedrooms and nine bathrooms, the gated home comes with a tiered home theater for private screenings, three fireplaces, bar, library, chef's kitchen, pool and spa, and a custom closet with suede ceilings.fancier digs to the tune of $12 million.
The 11,000 square foot Pacific Palisades, Calif. pad similarly has seven bedrooms, nine bathrooms, zero-edge swimming pool, and media and game room.
Not too shabby, RiRi.
And if it sounds familiar, it's the same property where an intruder was arrested by police for just two months ago.