Hot Property: Rihanna

Pop star Rihanna has listed her water-damaged Beverly Hills Post Office-area home at $4.5 million. (Michael McCreary)

Pop star Rihanna has sold her Beverly Hills Post Office-area home for $5.03 million. The house had been listed at $4.5 million in November, substantially less than the $6.9 million she paid two years earlier.


The listing describes the house as a "major fixer" with "extensive damage from moisture and water intrusion" at the roof, windows, doors and balconies. Despite the condition, there were four offers on the property.

The 8,520-square-foot, three-story contemporary contains a den, media room, breakfast area, three fireplaces, eight bedrooms and 10 bathrooms. The gated estate of more than three-quarters of an acre includes a swimming pool.

The four-time Grammy Award winner, 23, is one of the world's top-selling recording artists. She was named 2011's sexiest woman alive by Esquire magazine. Her sixth studio album, "Talk That Talk," was released in November.

John A. Woodward IV of Coldwell Banker's Beverly Hills north office and John Galich of Rodeo Realty were the listing agents. Woodward also represented the buyer.

lauren.beale@latimes.com