Leonardo DiCaprio Slices Price Of Hillside Hacienda & Get’s Sold Asap.
This Spanish-style home in Silver Lake has Old Hollywood charm and ties to one of present-day Hollywood’s biggest box office stars Leonardo Dicaprio.
Built in 1931, it appears to have been kept in great shape in the decades since its construction and boasts plenty of lovely original details. They include hardwood and parquet floors, beamed ceilings, arched entryways, French doors, an elegant living room fireplace, and some incredible bathroom tile.
The 3,560-square-foot house sits on a sloped, .15-acre street-to-street lot with four bedrooms and 4.5 bathrooms. The child actor turned 2016 Oscar winner, currently filming Quentin Tarantino’s ensemble crime mystery “Once Upon a Time in Hollywood,” paid not quite $770,000 for the hacienda-inspired villa almost 20 years ago, shortly after he rocketed to international superstardom in “The Titanic.”
DiCaprio bought the house for $775,000 back in 1998 for a family member and currently Listed by Brett Lawyer of Hilton & Hyland, the newly listed Silver Lake house asking was $1.749 million now $1.6million. Learning Why Patience Is One Of The Keys To Success In Real Estate
After the actor reduced the price of his Spanish-style hacienda in L.A.’s Silver Lakeneighborhood from $1.75 million to $1.6 million, he sold it in less than 24 hours.
According to property records, the four-bedroom residence is owned by a trust operated by Leonardo DiCaprio’s cousin and longtime business partner Robert Hrtica. At least three other LA-area properties owned by DiCaprio have been bought or sold through trusts controlled by Hrtica, property records show. Choosing The Right Real Estate Deal, Money-Wise