Hot Property: Biographer Taraborrelli sells for close to asking price in the Hollywood Hills
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The Hollywood Hills compound of bestselling biographer J. Randy Taraborrelli has sold for $3.1 million.
The Spanish Colonial-style walled and gated property has a main house with four bedrooms and 4 1/2 bathrooms and a guesthouse with two bedrooms and two bathrooms for a total of 4,557 square feet of living space.
The home, built in 1941, had been listed at $3,195,000 and closed in about two months of coming on the market. Yes, it’s in the celebrity-happy 90068 ZIP Code, which had 16 single-family home sales in April at a median price of $402 per square foot or $1,005,000, according to MDA DataQuick. That’s a 35% drop from the same month last year.
Taraborrelli, who selects entertainers and politicians as his subjects, bought the property from Anthony Kiedis of the Red Hot Chili Peppers in 2003 for nearly $1.9 million. Frank Bruno of Keller Williams, Hollywood Hills, represented Taraborrelli in his sale.
-- Lauren Beale
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